what does resale mean in real estate?

2 ⤊

what does resale mean in real estate?

2007-01-28 08:26:13 · 4 answers · asked by james c 1 in Business & Finance ➔ Renting & Real Estate

4 answers

It is the amount that your house would be selling for if it were on the market...Similar to an appraisal. I bought my house in 2001 for x amount of dollars...The resale amount would be now Z.

2007-01-28 08:30:47 · answer #1 · answered by fade_this_rally 7 · 1⤊ 1⤋

"resale" = a non new construction home being sold again.

2007-01-28 09:17:07 · answer #2 · answered by Anonymous · 1⤊ 0⤋

A "used" house, one that has been sold after the original purchasers have sold.

2007-01-28 08:31:13 · answer #3 · answered by Anonymous · 0⤊ 0⤋

selling again

2007-01-28 08:30:21 · answer #4 · answered by MF 4 · 0⤊ 0⤋