Posted on: 09th Sep, 2013 01:03 am
I was looking for houses in Zillow as I want to purchase one. I found that there are various properties listed in Zillow for a very high price but were sold off for a very low price. Why were they sold so cheap? Or is it a normal trend. Will I be able to buy a property for such less price now?
Hi Wisoc,
Even few months back, market situation was not good and properties were sold off at a very low price. Most of the properties were underwater. However, the market situation has changed now. Now the property values are increasing so I don't think you will be able to get a property for a low price.
Thanks,
Jerry
Even few months back, market situation was not good and properties were sold off at a very low price. Most of the properties were underwater. However, the market situation has changed now. Now the property values are increasing so I don't think you will be able to get a property for a low price.
Thanks,
Jerry
Hi Wisoc!
Welcome to the forums!
I agree with what Jerry has said. The fact remains that the sale price of the property will depend upon the seller and the buyer and price they negotiate.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
I agree with what Jerry has said. The fact remains that the sale price of the property will depend upon the seller and the buyer and price they negotiate.
Feel free to ask if you've further queries.
Sussane