The house is not listed in RMLS. Sold for $78,000 in 2000 has been for sale 2 other times and last time $119,900 in 2004 and did not sell. Looks like a for sale by owner and probably a misprint on price. Some banks will price a home low to get investors to bid it up but this is not a bank. Good luck if you would like me to find you a great house give me a call I have some great low down money available if you have a job and pretty good credit and there are tax credits available to buyers that have not owned a house in the past 3 years. N Portland is very active now because of the low priced homes there.
Tom Inglesby, broker
ABR,CRS, EA S.T.A.R. eco broker
RE/MAX Equity Group