House sold for $1000

8 Replies

People who lived at the house next to me have disappeared and the house is vacant. I can’t get in touch with anyone and I have no information about the house, until recently when I was browsing Zillow and now it says that the house has sold for $1K on 02/02/18. Mind you, this is NYC. What does this mean? Foreclosure?

Yes & that is likely the starting bid.

Zillow is notoriously incorrect. I sold a house for $250k and Zillow says it sold for $143k...

How do I go about finding which bank it is? I’m new

It doesn’t matter who the bank is......they won’t sell directly to you and they didn’t really pay just $1k. Auctions go like....”bank is owed $487,624 , and bank will bid up to that amount. Opening bid is $1,000, any bidders?”

@Redion Kadilliu If the home was ever listed on the MLS, you may want to check with a real estate agent for a more accurate sold price. Good luck!

Need to search title and determine the recorded sold price It could to father sold son $1K for that matter.

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