The Phoenix bank-owned home that was put on the market 11 days ago is now under contract.
The home was listed by the bank at $279,900...however, we understand that there was a multiple-offer situation and the bank called for "highest-and-best". As we first reported, we believe that this home will go 10% or more OVER asking price, for a number of reasons, including, but not limited to the attractive asking price.
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