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Re: Foreclosure For Sale 

By: Decomposed in POPE 5 | Recommend this post (2)
Mon, 28 Jan 19 9:41 PM | 74 view(s)
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Msg. 21912 of 62138
(This msg. is a reply to 21778 by Decomposed)

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My wife just got off the phone with a realtor. The house had what he called "an insane number of domestic animals living in it," and the town ordered the bank to clean it up. When the domestic animals were removed, wild animals moved in. The realtor says the house is being treated now as almost a hazmat site. It would probably need to be torn down to its frame and re-built.

At $40,500, it still is a little tempting to me, but I guess I'll pass on it. I don't know how to build a house even if it is already framed.




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The above is a reply to the following message:
Re: Foreclosure For Sale
By: Decomposed
in POPE 5
Sun, 27 Jan 19 5:04 PM
Msg. 21778 of 62138

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Re: "Don't know the asking price but house looks like ypical split level or bi-level. Decent inside living area.
I saw a Boat out front. Is that included?"
I may as well tell you. It's being listed for $40,500. For a 1950s split-level with 2,000 sq ft finished and an unfinished basement, on 4 beautiful, largely cleared acres, just up the street from town hall, it would be a stunning deal. But it won't qualify for a typical mortgage. Again, I have to wonder why...

I'm assuming that it needs major renovation: New windows, drywall, floors, bathrooms, appliances. Probably drywall repair. Siding. A new roof. But if the place is water-tight, then it is habitable as is and is an awfully good deal. Probably too good of a deal. Unless there's something horribly wrong, someone else will probably outbid us.

The bank is going to remove all the junk in the yard... so the boat won't be part of the package. They as much as said that the place won't be shown until that the yard is cleared. I'm good with that. I didn't see anything there that would interest me - except, possibly, for the shipping compartment (if that's what it is) behind the house, and a Coleman Pop-up camper on the side.


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