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Updated about 9 years ago on . Most recent reply

Phillip Y.'s profile image
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Phillip Y.
  • from Birmingham, Alabama
  • Member since Dec 2, 2015
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Phillip Y.'s profile image
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Phillip Y.
  • from Birmingham, Alabama
  • Member since Dec 2, 2015
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Phillip Y.
  • Birmingham, AL
8
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Buying & Selling Real Estate

Sold for $10

Phillip Y.
  • Birmingham, AL
Posted

Hi folks, what does it mean when it says that a house sold for $10 on Zillow/Trulia/etc? I was watching a house listed for $59,000 that needs some love, but isn't that bad (I drove by it). Thanks in advance!

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Jeremy Pace
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  • from Pittsburgh, PA
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Jeremy Pace
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Jeremy Pace
  • Contractor
  • Pittsburgh, PA
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Jeremy Pace
  • Contractor
  • Pittsburgh, PA
Replied

@Phillip Y.

Usually that means it was sold 'with loving consideration' to a family member, or to a flipper/corp or something that wanted to keep the taxes low.

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