Profile picture for simonchiu

houses are so cheap??

Hi I'm new here. Probably a silly question. But I don't understand why some of the houses are so cheap. Like this one:
http://www.zillow.com/homedetails/12230-Windsor-Ct-Los-Altos-CA-94022/19528472_zpid/

Even foreclosure ones may not be possible to be only $50K, since this one evaluated more than $2M.
  • December 16 2009 - Los Altos Hills
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Answers (4)

Profile picture for aracz
Hi,

Not sure if it is an error, or sometimes I have seen a rental under the wrong category.

All the best,

Arpad

  • May 16 2012
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Profile picture for CORONA NICK

If its too good to be true, thats because it is.

  • January 04 2010
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Profile picture for Jeremy Pritchard
Maybe there are alterations with their transactions... Or have fees/taxes to exclude either include. There are such terms that needed to be both agreed upon.
  • January 03 2010
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Profile picture for wetdawgs
Sometimes transactions end up with funky numbers because someone simply paid for a title change, or there are typos.  
  • December 16 2009
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