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Updated about 9 years ago,
Simple Noob ? about property sale history
Hi guys, I am new to all this and am analyzing deals just for experience purposes. The following is not for an offer but just for me to learn. I found this property listed for foreclosure at $148,000 but it appears the market value is only $109,845. Why is a foreclosure so much higher in price? Also in the sales history, what does qualified or unqualified mean? What is the difference between Vacant or Improved? And lastly , I do not understand hte sales history sale price. Clearly 17 million was not paid, so what are these 3 numbers then? Was it really sold in 2014 for $83k and back in 2004 sold for $139k? Any help understanding all this would be greatly appreciated.