Property Q&A in Haslett>Question Details

B, Other/Just Looking in Lansing, MI

This house was on the market for $105,000. now the price is $130,000. Why the raise in price?

Asked by B, Lansing, MI Sun May 3, 2009

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The home is in foreclosure. The current owners paid $167,900 for the property in 2002. It is likely the listing agent priced it to sell at $105,000, but bank's appraiser felt the home is worth more and when the home went back to the bank, they raised the price.
0 votes Thank Flag Link Sun May 3, 2009
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