sale price for 4400 square feet house in 4s ranch

[SD Realtor]

No jp this will not be considered a comp. Appraisers do not use trustee sales as comps.

[Coronita]

[quote=sdrealtor]You can consider it what ever you want? The buyer got a great deal by paying cash on the courthouse steps and that doesnt mean anyone else will get the same unless they work their tail off, get lucky and show up on the courthouse steps with severla hundred K in cash.[/quote]

Can you elaborate for a lazy laymen like me what “working their tailoff”sort of includes in something like this?

[Coronita]

[quote=sdrealtor]You can consider it what ever you want? The buyer got a great deal by paying cash on the courthouse steps and that doesnt mean anyone else will get the same unless they work their tail off, get lucky and show up on the courthouse steps with severla hundred K in cash.[/quote]

Can you elaborate for a lazy laymen like me what “working their tailoff”sort of includes in something like this?

[Coronita]

[quote=sdrealtor]You can consider it what ever you want? The buyer got a great deal by paying cash on the courthouse steps and that doesnt mean anyone else will get the same unless they work their tail off, get lucky and show up on the courthouse steps with severla hundred K in cash.[/quote]

Can you elaborate for a lazy laymen like me what “working their tailoff”sort of includes in something like this?

[Coronita]

[quote=sdrealtor]You can consider it what ever you want? The buyer got a great deal by paying cash on the courthouse steps and that doesnt mean anyone else will get the same unless they work their tail off, get lucky and show up on the courthouse steps with severla hundred K in cash.[/quote]

Can you elaborate for a lazy laymen like me what “working their tailoff”sort of includes in something like this?

[Coronita]

[quote=sdrealtor]You can consider it what ever you want? The buyer got a great deal by paying cash on the courthouse steps and that doesnt mean anyone else will get the same unless they work their tail off, get lucky and show up on the courthouse steps with severla hundred K in cash.[/quote]

Can you elaborate for a lazy laymen like me what “working their tailoff”sort of includes in something like this?

[aa]

[quote=SD Realtor]Yes it sold for that at the trustee sale. The buyers purchases it for cash at the county courthouse.[/quote]

Thanks SDR for checking this out. I couldn’t believe my eyes when I saw this. How come the bid price was that low? Did the buyer need to pay other fees on top of the purchasing price? I don’t know about trustee sale. Is the buyer responsible for liens?

[aa]

[quote=SD Realtor]Yes it sold for that at the trustee sale. The buyers purchases it for cash at the county courthouse.[/quote]

Thanks SDR for checking this out. I couldn’t believe my eyes when I saw this. How come the bid price was that low? Did the buyer need to pay other fees on top of the purchasing price? I don’t know about trustee sale. Is the buyer responsible for liens?

[aa]

[quote=SD Realtor]Yes it sold for that at the trustee sale. The buyers purchases it for cash at the county courthouse.[/quote]

Thanks SDR for checking this out. I couldn’t believe my eyes when I saw this. How come the bid price was that low? Did the buyer need to pay other fees on top of the purchasing price? I don’t know about trustee sale. Is the buyer responsible for liens?

[aa]

[quote=SD Realtor]Yes it sold for that at the trustee sale. The buyers purchases it for cash at the county courthouse.[/quote]

Thanks SDR for checking this out. I couldn’t believe my eyes when I saw this. How come the bid price was that low? Did the buyer need to pay other fees on top of the purchasing price? I don’t know about trustee sale. Is the buyer responsible for liens?

[aa]

[quote=SD Realtor]Yes it sold for that at the trustee sale. The buyers purchases it for cash at the county courthouse.[/quote]

Thanks SDR for checking this out. I couldn’t believe my eyes when I saw this. How come the bid price was that low? Did the buyer need to pay other fees on top of the purchasing price? I don’t know about trustee sale. Is the buyer responsible for liens?

[SD Realtor]

The bid price was what it was. The lender gave instructions to the trustee to set it at whatever it gets set at.

The buyer may have needed to resolve any irs or tax liens. There may or may not have been open building permits as well. Any other liens behind the first lien such as seconds, or helocs or stuff like that all get wiped out.

Trustee sales are a risk. It is a tough call but I would not recommend it for a novice.

However, no risk, no reward.

[SD Realtor]

The bid price was what it was. The lender gave instructions to the trustee to set it at whatever it gets set at.

The buyer may have needed to resolve any irs or tax liens. There may or may not have been open building permits as well. Any other liens behind the first lien such as seconds, or helocs or stuff like that all get wiped out.

Trustee sales are a risk. It is a tough call but I would not recommend it for a novice.

However, no risk, no reward.

[SD Realtor]

The bid price was what it was. The lender gave instructions to the trustee to set it at whatever it gets set at.

The buyer may have needed to resolve any irs or tax liens. There may or may not have been open building permits as well. Any other liens behind the first lien such as seconds, or helocs or stuff like that all get wiped out.

Trustee sales are a risk. It is a tough call but I would not recommend it for a novice.

However, no risk, no reward.

[SD Realtor]

The bid price was what it was. The lender gave instructions to the trustee to set it at whatever it gets set at.

The buyer may have needed to resolve any irs or tax liens. There may or may not have been open building permits as well. Any other liens behind the first lien such as seconds, or helocs or stuff like that all get wiped out.

Trustee sales are a risk. It is a tough call but I would not recommend it for a novice.

However, no risk, no reward.

[Author]

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