Property Q&A in Sierra Madre>Question Details

Pintopammy, Home Buyer in Sierra Madre, CA

wondering why the price went UP?

Asked by Pintopammy, Sierra Madre, CA Sun Apr 3, 2011

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This question is about this property: http://www.trulia.com/property/3023657396-359-W-Sierra-Madre…

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Answers

2
Mary gave you all the information I would've. If you're interested in the home, that would be a great question to pose to the Sellers. Let me know should you have any further questions or concerns.
0 votes Thank Flag Link Mon Apr 4, 2011
Hi Pintopammy:
359 West SIERRA MADRE Blvd, Sierra Madre 91024 went on the market for sale in the MLS (Multiple Listing Services) on 8-3-2010 with an asking price of $425,000. On 11-17-2010 there was a price adjustment to $399,999. Then there was another price adjustment of $420,000 on 2-26-2011.

It appears the property went into escrow on 8-6-2010, but fell out on 11-3-2010. Then again into escrow on 11-24-2010, but fell out 2-26-2011. And again into escrow on 3-23-2011. The Seller is now looking for only "B"ack up offers.

It is possible that the property was appraised at the $420,000 price and that is where the Seller instructed their Realtor to put the asking price. Realtors are only to do what is legally instructed of them to do in writing by the Sellers.

Hope this helps you,
Mary Prout
Global Realty
Mary@ProutRealtor.com
626-833-7043 cell
Resident of Sierra Madre since 1992
Web Reference: http://www.ProutRealtor.com
0 votes Thank Flag Link Sun Apr 3, 2011
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