Property Q&A in Flint>Question Details

linda hale, Home Buyer in Flint, MI

why is this house so cheap, it started out at $44,ooo?

Asked by linda hale, Flint, MI Tue Nov 27, 2012

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This question was asked from this property: http://www.trulia.com/property/1078543258-4242-N-Belsay-Rd-F…

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1
Linda, the seller on this home is HUD. HUD reduces the asking price by 10% every 30 days the home is on the market. As you can see by the history on the bottom of the listing page that is what happened in this case. The home was probably a little over priced to begin with, which did not help.
0 votes Thank Flag Link Tue Nov 27, 2012
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