This home did in fact sell for $136,000 but a few additional reasons that it may have sold over list price is in this price range we are seeing multiple offers and may home ultimately selling for over list price again. Some buyers are also asking for their closing costs to be paid via higher offers to conserve their cash to close. The first time home buyer tax credit makes homes in this price range cheaper to buy than rent and the move in cost can be cheaper than the deposit on a rental if it it structured correctly.

Jim Paulson
Owner/Broker - Progressive Realty Corporation

It was sold for $136,000, which was more than the listed price. The differnece could have been that the BPO or appraisal, ehichever was done, came in higher and the additional amount was needed. If you have any other real estate questions please don't hesitate to contact me. Thanks!