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Updated over 7 years ago,
HUD Agreement / Tax Assessor Sale Dilemma - Please Help
Hello BP - Have a situation that I'm trying to work through on a potential investment property...
The wholesaler that I'm working with told me that the subject property sold for $122k ($115 + $7k in fees to the wholesaler and REA)...This is consistent with the HUD agreement. However, it also shows that they added $150k into the settlement agreement which put the new total at $227k...But then it shows that they backed money out which makes it look like the property sold for $150k in September of 2016 on the Board of Assessors website.
This seems very strange / confusing to me...Does anyone have thoughts as to why they would do this?
All thoughts / input is welcome.
Thank you