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  1. 10-12-2007, 11:17 AM #1
    NumLock
    NumLock is offline Renter
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    Question Sold Price is much higher than LP...

    Hello everyone:

    It
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  2. 10-13-2007, 10:13 PM #2
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    aprazma
    aprazma is offline Fixer Upper
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    [quote=NumLock;24747]Hello everyone:

    It
    Alex Prazma, Broker Associate, Realtor
    ERA Rocklin Real Estate
    Rocklin, CA
    (916) 878-6421
    alex.prazma@ERA.com
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  3. 10-14-2007, 07:39 AM #3
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    REbuyersgroup
    REbuyersgroup is offline Condominium
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    If the property can appraise higher, the buyer and seller can agree to increase the sale price, and the seller will agree to a seller concession to pay for the closing costs and pre-paids. Very Common.

    In the case you sited, there may be some other behind the scenes "back door" payouts that are not being disclosed to the lender.

    You just never know.
    Craig Fialkowski
    www.NewFLproperties.com
    EXIT Realty Florida
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  4. 10-14-2007, 08:31 AM #4
    IggysListing
    IggysListing is offline Condominium
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    Simple answer: supply and demand.
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