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re: Home listed $450k above market value??

Posted on 6/26/20 at 12:37 pm to
Posted by VADawg
Wherever
Member since Nov 2011
45092 posts
Posted on 6/26/20 at 12:37 pm to
If someone buys at that price, it's a possible money laundering scam.

If it isn't an entry error, they likely are targeting a specific buyer. That's how money is laundered through real estate deals.
This post was edited on 6/26/20 at 12:42 pm
Posted by rattlebucket
SELA
Member since Feb 2009
11506 posts
Posted on 6/26/20 at 12:38 pm to
Bingo
Posted by MsBhamTiger
deep south.
Member since Mar 2020
307 posts
Posted on 6/26/20 at 12:53 pm to
That was my guess too. Lol.
Posted by Capstone2017
I love lead paint- PokeyTiger
Member since Dec 2013
2235 posts
Posted on 6/27/20 at 6:12 pm to
I was thinking money laundering or someone has to list the house due to probate and doesn't really want to sell it.
Posted by Jim Rockford
Member since May 2011
98361 posts
Posted on 6/27/20 at 11:30 pm to
quote:

If someone buys at that price, it's a possible money laundering scam.


Explain how this works to the non criminals. Tyvm..
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