Property Q&A in 34145>Question Details

Jason, Home Buyer in Massachusetts

this seems like a steal, what would the hidden costs be ?

Asked by Jason, Massachusetts Wed Jan 28, 2009

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I would ignore this listing as the list price is without a doubt bogus.
0 votes Thank Flag Link Wed Jan 28, 2009

This is about a 600-700k property. The catch is the agent put it in on the market to try and get a bunch of contracts to the bank and see if any of them would work. The banks look to a BPO (broker prie opinion, sinilar to appraisal) for a value of the home and that predicts appr. what they will take on a short sale. This agent is unethical for listing the home at this price. If there is anything I can do to help you, please let me know and I will get over a custom home search to you.


Scott Riddle, (CSP) Certified Short Sale Professional
Sand Castle Realty Group
239-390-0027 fax
0 votes Thank Flag Link Wed Jan 28, 2009
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