Is this a foreclosed home? Sold in April 2012 for over 500k and 3 mos later for sale for only 200k? Does it have a basement?

Asked by Bpavlovich, Freehold, NJ Sun Jul 8, 2012

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This question is about this property: http://www.trulia.com/property/3085116828-18-Edgewood-Dr-Fre…

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3
Dennis Knight, Agent, Millstone, NJ
Sun Jul 8, 2012
The previous price of 540,000 was a computed price based on the amount of transfer tax paid. If this was a forclosure the bank may have paid based on the assessed value. This would explain the extreme difference of prices in just a few months.
0 votes
Keith Radhub…, Agent, Holmdel, NJ
Sun Jul 8, 2012
Bank-owned, so a lot a long time to close, with basement.

Keith Radhuber, Gloria Nilson Realtors (848) 667-6622
0 votes
Francine Ein…, Agent, Howell, NJ
Sun Jul 8, 2012
This is a Bank owned property and the MLS listing indicates there is a full basement.


Francine Einhorn/Realtor Associate
Better Homes Realty
Freehold Office
Cell: 732-910-7390
Email: feinhorn@betterhomesus.com
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