I’m one of the lucky few I guess. Our house was listed 80-90k less than its value on a random auction site. The listing company was from out of state and probably had no idea what it was really worth. Great neighborhood and great school district. 10 years later we still live here with a shit ton of equity. Nothing was wrong with the house besides a really overgrown lawn and hideous landscaping and the inside needed a fresh coat of paint. We had to buy it as is without radon/inspections but it worked out amazingly in our favor. We took care of the radon after we bought. We have no regrets. Best financial decision we’ve ever made.
Thethinker10 t1_jeepkpi wrote
Reply to 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
I’m one of the lucky few I guess. Our house was listed 80-90k less than its value on a random auction site. The listing company was from out of state and probably had no idea what it was really worth. Great neighborhood and great school district. 10 years later we still live here with a shit ton of equity. Nothing was wrong with the house besides a really overgrown lawn and hideous landscaping and the inside needed a fresh coat of paint. We had to buy it as is without radon/inspections but it worked out amazingly in our favor. We took care of the radon after we bought. We have no regrets. Best financial decision we’ve ever made.