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Old 06-17-2015, 07:58 PM
 
171 posts, read 221,970 times
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Houses sold/for sale 3k 5k etc. The price look so attractive, too good to be true or maybe I am wrong. Please what do you think about it?

Last edited by majka; 06-17-2015 at 08:09 PM..
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Old 06-17-2015, 08:12 PM
 
Location: Sneads Ferry, NC
11,255 posts, read 19,786,471 times
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Originally Posted by majka View Post
Houses sold/for sale 3k 5k etc. The price look so attractive, too good to be true or maybe I am wrong. Please what do you think about it?
I see on Zillow that there are some sales of condos and a house with low prices like that. If they are not errors, there is some other explanation; perhaps the house was severely damaged by fire or flood. Perhaps they were transfers within a family.

Last edited by goldenage1; 06-17-2015 at 08:59 PM..
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Old 06-18-2015, 10:49 AM
 
Location: Savannah GA/Lk Hopatcong NJ
13,106 posts, read 24,889,480 times
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Originally Posted by majka View Post
Houses sold/for sale 3k 5k etc. The price look so attractive, too good to be true or maybe I am wrong. Please what do you think about it?
You sure it's not fractional ownership? Kind of like a time share. People buy, then use at various/rotating times.

It's basically a vacation fractional ownership
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Old 06-18-2015, 11:40 AM
 
Location: Savannah GA/Lk Hopatcong NJ
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Like this, not 5k, but 124K, but you only own 1/10th of it.


http://www.realtor.com/realestateand...52-70701?row=3
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