All Topics / Help Needed! / What does “Part Sale” mean?

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  • Profile photo of pajohnspajohns
    Participant
    @pajohns
    Join Date: 2003
    Post Count: 22
    January 23, 2011 - 12:47 am

    Hi,

    I'm trying to work out the value of a property that could potentially be coming onto the market soon. I have gone onto onthehouse.com.au to get a sales history of the particular house and it's quite strange. Back in 1993 the property exchanged for $268,000 but in 2003 it is listed to have exchanged for $150,000, but it has "Part Sale" written next to the history. Any ideas on what this could mean?

    Thanks,

    Phil

    Profile photo of Scott No MatesScott No Mates
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    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856
    January 23, 2011 - 1:49 am

    divorce or death – usually a transfer between related parties

    Profile photo of pajohnspajohns
    Participant
    @pajohns
    Join Date: 2003
    Post Count: 22
    January 23, 2011 - 1:54 am

    Ahh – makes sense! Thanks for that :)

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