So if I sell you a 2013 BMW M3 for $1000 in mint condition, that's not below market value?Mark77 wrote: ↑Impossible. Any sale, by definition, even if it is an 'estate sale', is at 'market value'. The pictures you pasted in the thread represent some pretty good evidence that it should have sold at a hefty discount to more modern/well-maintained houses as it obviously needed a substantial amount of rehabilitation.
So? Just because something isn't on the MLS doesn't mean that its not part of the overall 'market'. Unless you committed some sort of breach of trust by selling the house to yourself as a fiduciary or advisor of the estate, you cannot really say that it was "below market", or any nonsense like that.
So which is it? Are you crooked, or are you fibbing about acquiring the place at 'below market'??
Seems pretty rich coming from you...
Come on Pitz, I expected better.