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Updated about 8 years ago,
$150k property selling for $10k, no disclosures - what the ?
I've found a DEEPLY discounted property in Deltona that seems 'not right': http://www.realtor.com/realestateandhomes-detail/3...
My agent says there are no notes/history/disclosure in theMLS for this property. He was told the owner just wants to sell by Monday.
The County Appraiser office shows that this property was a "government acquisition" in June 2016 for $99,200: http://vcpa.vcgov.org/searches.html
It makes absolutely no sense that an owner would want to sell a property worth at least $150K (and was purchased for $94k) at a sale price of $10k.
My question is: what might be going on here? I'm curious if any experienced investors have seen anythign like this before.