Resale Mystery
Amongst the new Twin Cities listings debuting on MLS today, this Minneapolis home caught my eye:
5/31/17 (1:03 p.m.): Closed
5/31/17 (2:53 p.m.): Active
Why would someone buy a home — in multiple offers, no less — than immediately put it back on the market?
No, it’s not a flip: the Seller paid $330k, and is now asking $340k.
Net of selling costs (including commission), they’re almost sure to lose money.
The only explanation was this comment, in the “Agent Remarks” field on MLS: “School situation is the reason for Back on the Market…seller sad to say.”
I’m not sure that clears it up . . .
