I am interested in purchasing a 2nd home. What does the $35K previous sale mean?

Asked by Patricia Germain, Texas Sun Nov 2, 2008

I am planning to purchase a 2nd home in early 2008 .. My family lives in Los Angeles area and I thought this would be a great option for visits home. My e-mail is pgermain@verizon.net.
This question is about this property: http://www.trulia.com/property/1066637998-Condo-Lake-Arrowhe…

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Nathan Diones, Agent, Lake Arrowhead, CA
Thu Dec 4, 2008
Yes the last sale price was $35,000. This condo is a great buy for the Arrowhead area. If you would like more information feel free to contact me as I work in Lake Arrowhead full time. Thanks.
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Scott Godzyk, Agent, Manchester, NH
Sun Nov 2, 2008
Previous sale is just that , that the last sale was for $35,000. it may have been a foreclosure, could have been a divorce situation or a refinacne, without being able to se eit MLS i cant be positive, however the basic answer is that it is showing the last sale at $35,000. you could alos check the lake arrowhead assessors office and see what past sales were and what it is assessed for.
Web Reference:  http://www.ScottSellsNH.com
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