Hello Shummie,

If this is a lender owned property, the bank knows what properties are selling for in the area.
The agent most likely listed it for market value.

Like Donald said, your question is not clear.

Phyllis JC Anderson, GRI
Liberty One Realty
602-316-0115

Disclosure: Real Estate brokers and agents do not give legal,
financial or tax advise. Please consult these professionals
before, during and after buying or selling any property.
___________________________________________________________

Shummie, your question is a little confusing. Are you saying a house is valued at $156,000 and the back payments owed are $64,000?

If a homeowner has equity, then can sell their home as a normal seller.

There are expenses involved when selling a home and buying a home.

Can you please re-word your question.

Thank you

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