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HomeForumsBuying & Selling Real EstateSuper Cheap Past Sales Spotted...HOW???
Erin Deasy's profile image
Erin Deasy's profile image
Erin Deasy
  • from Portland, Oregon
  • Member since Aug 25, 2016
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Erin Deasy's profile image
Erin Deasy's profile image
Erin Deasy
  • from Portland, Oregon
  • Member since Aug 25, 2016
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Erin Deasy
  • Portland, OR
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Buying & Selling Real Estate

Super Cheap Past Sales Spotted...HOW???

Erin Deasy
  • Portland, OR
Posted Sep 16 2016, 09:50

Hi, 

I am just getting into the REI game.

I have been looking at past sales on RealtyTrac. 

I noticed some houses with an ARV of $362k for example, sold for $3500. (In Portland, Oregon Metro Area).

http://www.realtytrac.com/property/or/portland/972...

Anybody know how these properties are being purchased? Is this from an auction, because even the auctions have a starting bid and I would doubt it would start this low...

Thanks for sharing any thoughts/experience you may have!

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