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Updated about 5 years ago on . Most recent reply

User Stats

54
Posts
31
Votes
Robert Fornwalt
  • New Boston, MI
31
Votes |
54
Posts

groundfloor newbie question

Robert Fornwalt
  • New Boston, MI
Posted

I have recently started a groundfloor account. seems to easy enough to follow but I did notice that some of the loans that were local to me had misinformation in it.

I noticed that the sales price was different. so let me explain. I found a listing that is located in my city. on the loan info for groundfloor it had a purchase price of 120K. so I checked on Redfin, Realtor, and Zillow. the purchase price would show 91k.

so I asked the realtor that sold it and she confirmed that it indeed sold for 91k.

so my question is

1.why would they say that they paid more than they did? 

2.what would be the benefit of doing this?

I have noticed other listing that I have checked in my area that are also higher than the actual purchase price.

Most Popular Reply

User Stats

17
Posts
15
Votes
Patrick Buttermark
  • Staten Island, NY
15
Votes |
17
Posts
Patrick Buttermark
  • Staten Island, NY
Replied

@Robert Fornwalt they have a Facebook group you can join too, people ask questions there all the time.

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