what are real estate “list prices”?

nikkiluv: what are real estate “list prices”?
is the list price the full price i pay for the home before owning it. or is it something else. And if that’s the case, why am i seeing 4,000 dollar homes all over my city of Beaumont Tx. I can affords that in a single payment!

Answers and Views:

Answer by Jas M
The list price of anything (a home, clothes, whatever) is the full asking price before any discounts or reductions, not the price you actually pay (unless you pay full list, of course). For example, if I “list” my house for $ 100,000, this is the list price. If we negotiate and I end up selling it to you for $ 90,000, this is the actual price you pay. In this example, you’d be buying the house for 10% off list.

$ 4,000 homes all over Beaumont? Sounds like a typo to me but, if so, what a deal! Read the fine print – maybe that’s some sort of down payment or something. Good luck!