Property Q&A in Marietta>Question Details

Shawn, Other/Just Looking in Waukegan, IL

Was this house a foreclosure I see it sold for a lot less than it was bought for.

Asked by Shawn, Waukegan, IL Sat Feb 28, 2009

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This question is about this property: http://www.trulia.com/homes/Georgia/Marietta/sold/892553-201…

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Answers

3
This looks like total bogus information.

Hank
0 votes Thank Flag Link Tue Mar 3, 2009
The information you are receiving is completely false. I personally know the agent who had this house listed and it was listed for $185,000 and expired in 11/30/2008. It is not relisted and it has not record of selling. None of the information below is correct. There is no record of sale. I could call the previous agent and find out what the situation is.. again, i know the listing agent personally. But anything you've heard so far is completely speculation. There is not record of a sale on this property recently. If you want me to find you a good deal on a house that is for sale, let me know and I can find it, but you won't see anything like this house for that kind of money.

Sincerely,
David Brower, Assistant Manager/Realtor
Crye-Leike Realtors
678-982-9600
david@davidwbrower.com
Web Reference: http://www.davidwbrower.com
0 votes Thank Flag Link Sat Feb 28, 2009
Your question peaked my curiosity because I know the area very well and there is no way even in today's market conditions that a home like that would sell for so little unless there was something severely wrong with it (i.e. major structural issues, etc.). Interestingly, I looked in the public tax records and there is no record of such a sale taking place. I don't know where Trulia is getting their data from. I have found false information on this site before. My best guess would be that there was some transfer of title between relatives or friends with a deflated price for some tax puposes or something along those lines. All I can tell you is that according to the public tax records site that I frequently use, this home was never sold for 48K.
0 votes Thank Flag Link Sat Feb 28, 2009
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