I looked at the county tax records for my street and half the houses sold in the last year went for under asking price.

2 comments

2 Comments

Actually, that's a really common mix up. The asking price isn't the same as the list price. The list price is what the seller asks for. The "under asking" sales you saw probably just mean the final sale price was lower than that first list price. It doesn't mean the seller lost money or that the house was worth less. They might have just listed high to leave room to talk it down. The tax records only show the final number.

derekp7010d ago

Yeah, that pricing stuff trips people up all the time. I got burned thinking a place sold for a huge loss, but it was just a high starting price that got talked down. The public records never tell the whole story.