illusiveconsistence OP t1_jed9oum wrote on March 31, 2023 at 4:15 AM

Reply to comment by theoriginalharbinger in Are low foreclosed and pre-foreclosed house prices a scam? How is it possible for their prices to be so low? I'm planning on moving to Seattle soon and have been considering them. by illusiveconsistence

Would I owe those taxes? Additionally, if it is heavily damaged, is it still worth it if I get a whole house for the price of a year's rent?

theoriginalharbinger t1_jed9woz wrote on March 31, 2023 at 4:18 AM

As kindly as I can put this - if you can't do your own research sufficient to answer those questions (especially the second, which is extraordinarily subjective and for which you have provided no baseline for your skillset with regard to repair), then you're going to have a bad time.

dlions2020 t1_jedetmt wrote on March 31, 2023 at 5:09 AM

Don’t do it man. No offense but your knowledge seems super limited. Educate yourself on this process a ton more than think about it.

nkyguy1988 t1_jedc3x3 wrote on March 31, 2023 at 4:40 AM

Yes, you paying the outstanding taxes will be part of the purchase terms.

Depends on how much work it needs. It might cost you the equivalent of a house to repair.

xtreampb t1_jefyl5c wrote on March 31, 2023 at 6:56 PM

Angry cops on YouTube has a series (this old crack house) where he buys one of these houses. That might give you insights at a possibility of what’s in store