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Reply to "Why does Zillow say “sold” when parents didn’t move?"
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[quote=Anonymous][quote=Anonymous]I doubt it's a reverse mortgage. In order to qualify for those you have to have a minimum of 50% equity built up. They just purchased it in 2019. OP what does Redfin say about the property? I find that Redfin and Zillow transactions don't always match. [/quote] OP here. Redfin doesn’t have the recent sale that Zillow does. What might that mean? Per Redfin, their property taxes went up from around $3k in 2020 to around $9k in 2021.[/quote]
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