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RealtyTrac believes in making the process of pursuing real estate better for the consumer, and listing sold properties ensures that members are getting the most accurate sales data on property sold in their area of interest. On the property details pages of most sold properties, RealtyTrac includes the sales price, sale type and seller name. By comparing the sales price against the estimated market value, unpaid loan amount, opening bid at the auction and asking price (if it was a FSBO or new homes property) members can evaluate if the property was purchased for a bargain, and use this information to help determine how to bid on similar properties. The sale type and seller name will indicate whether the property was sold directly by the owner, at a public auction or by the foreclosing bank.
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