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Joe A.
  • Investor
  • ridgewood, NJ
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Can homeowner do anything fishy with the last sale price?

Joe A.
  • Investor
  • ridgewood, NJ
Posted Feb 21 2015, 16:01

Curious if a homeowner could be doing anything fishy with the last sale price?  For example, could they transfer the home from their name to an llc just to record a higher sales price for comps?  Wondering if anyone has seen something like this happen, particularly in appreciating markets.  Thanks.

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