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ABC's Moran asserted some Obama "friends" said his house purchase "looks like a sweetheart deal," but quoted no one saying that

February 28, 2008 2:57 pm ET

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SUMMARY: On Nightline, Terry Moran reported, "The Obamas got the home [their house in Chicago] for $300,000 below the original asking price. To critics and even some friends, it looks like a sweetheart deal." Moran later added that Obama's campaign "insists that the Obamas' purchase and the Rezko purchase were not contingent on each other and were made at fair-market prices." But Moran cited no one saying the home purchase "looks like a sweetheart deal" and did not note that, according to Bloomberg News, "[t]he couple who sold Barack Obama his Chicago home said the Illinois senator's $1.65 million bid 'was the best offer' and they didn't cut their asking price because a campaign donor bought their adjacent land, according to e-mails between Obama's presidential campaign and the seller."

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