woodburyowner
Well-known member
I noticed with a lot of short sale listings, the information listed is incorrect and/or the descriptions are terrible and basically undersell the property. What's the benefit of doing this? Do banks not verify the information listed on the MLS? For example, this property -
http://www.redfin.com/CA/Irvine/51-Spanish-Lace-92620/home/7218991
This model has 3 full baths, but it is listed as 1.75. Also, the property description is pretty poorly worded. The selling price is pretty low so I'm wondering if this was done intentionally so the bank would approve such a low price.
http://www.redfin.com/CA/Irvine/51-Spanish-Lace-92620/home/7218991
This model has 3 full baths, but it is listed as 1.75. Also, the property description is pretty poorly worded. The selling price is pretty low so I'm wondering if this was done intentionally so the bank would approve such a low price.