Not Seattle, an example of one of the low houses in my area when I was looking at the same. The house had been abandoned for an undisclosed amount of time. There were no doors, and the house had some graffiti, but the copper seemed like it was still there from what was visible. The sale was all cash on the close of the auction. Because the house was exposed to the elements you were buying the land in the neighborhood and hoping to scrap as much as you could while you removed the entire interior structure and roof of the house. It still sold for twice starting price.
jsgquk82651g t1_jee8gjs 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
Not Seattle, an example of one of the low houses in my area when I was looking at the same. The house had been abandoned for an undisclosed amount of time. There were no doors, and the house had some graffiti, but the copper seemed like it was still there from what was visible. The sale was all cash on the close of the auction. Because the house was exposed to the elements you were buying the land in the neighborhood and hoping to scrap as much as you could while you removed the entire interior structure and roof of the house. It still sold for twice starting price.