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Real Estate
Reply to "Sold In July, Listed For Less"
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[quote=Anonymous][quote]Often times, it’s just that the title was changed and it shows as a sale on these listing services. I doubt anyone undergoes such an abrupt life change that means they are selling as soon as they buy…and also takes a loss.[/quote] It could be that it was in the probate process for a while (that can last months) and the heir knew that they wanted to sell it and had already contracted with an agent to put it up for sale as soon as it transferred (and real estate agents need business soon right now). Or it was a deed on death situation where the decedent and real estate agent had already made an arrangement while the decedent/owner was terminally ill. Even with deed on death it might take a while for the county to actually record the new owner. [/quote]
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