This is a great investment opportunity for the right buyer. Priced well below market and tax value. It is a great little house on a corner lot. The floor plan is great and could really be turned into a show piece. The home needs a lot of TLC. If you are thinking or renting or tired of your current landlord then this might be the deal for you. It is being offered as a short sale. This means that the home is being sold for less than payoff and therefore all offers are subject to bank approval. A short sale can be a great chance for a savvy and patient buyer to get a great price on a home. Everyone jumps on a good foreclosure deal and they get in bidding wars that drive up the selling price. However, short sales can take longer from contract to close and therefore a patient buyer can get a foreclosure-like price without all the competition of the investors looking for a quick buy. This home would certainly be a great alternative to renting in this market. Likewise, you may consider converting it to a rental property of your own later in life. One this is for sure this is the best time to buy a house our market has ever seen. Do not miss your chance to get your unfair share of the pie! .
For more info, pictures, or to set up a visit, see below.
Listing Courtesy of Stephen Long, Keller Williams Realty