Property Q&A in Forest Lake>Question Details

Mike Monson, Other/Just Looking in Forest Lake, MN

Final sale price? We have the same home and want to refinance and know this would be our comp. Thank you

Asked by Mike Monson, Forest Lake, MN Tue Mar 24, 2009

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This question is about this property: http://www.trulia.com/homes/Minnesota/Forest_Lake/sold/21019…

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2
Hi Mike,

A sale in 2006 will be too old for the appraiser to use today. The market here in Forest Lake is very different now. If you want to stop by our office some time, we can pull comps to see what’s out there if you’re curious.
0 votes Thank Flag Link Tue Mar 24, 2009
Hi Mike!
This home sold in 2006 for $386,000 with $10,000 in seller concessions so a net price of $376,000 but this sale might be from too long ago for an appraiser to use as a comp.
0 votes Thank Flag Link Tue Mar 24, 2009
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