After careful calculation, I don't feel it worths it.
The rooms are way too small. There is no master bedroom. There are two small, I mean very small, smaller than 10x10, bedrooms in the main level. One small bedroom in the basement.
The ceiling was totally tored off in the basement. It looks like the previous owner tried to install the AC but never finished.
It is also very close to I95 and terribly noisy.
The agent strongly recommended me to bid for $150K and told me that I would not be able to get it if lower than that bid. Then, I would have to spend $30k to $50 to fix it, mostly extend the back wall to make one of the rooms larger. The total cost would be almost the market value and I have no room for profit.
我要买的第一个银行拍卖房--不买了。
所有跟帖:
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我们家临街有一银行拍卖的房子
-lcats-
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11/25/2007 postreply
08:11:00
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银行拍卖的房子和其他市场上房子有什么区别吗?偶不懂啊
-cowboygirl-
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11/25/2007 postreply
08:14:55
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我也不是很懂,虽说这种房子的价钱很诱人。
-lcats-
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11/25/2007 postreply
08:22:59
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关键修房子要现金,何用银行贷款买房子还不是一个概念,
-cowboygirl-
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11/25/2007 postreply
08:20:09
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rehab is harder than most ppl think, it can easily run over budg
-jy101-
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11/25/2007 postreply
08:56:26
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You are the one on the field, so you call the shot.
-cultuslake-
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11/25/2007 postreply
11:00:06
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your money, your house, you should know better
-thornbird888-
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11/25/2007 postreply
12:26:49
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For foreclosure, you need to buy <50c on a dollar
-yogiho-
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11/25/2007 postreply
13:17:42
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Where can you get the bank foreclosure info?
-JR98-
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11/25/2007 postreply
13:57:37
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Homesdatabase.com and search cheapest houses
-va_landlord-
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11/25/2007 postreply
16:19:00
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Thank you Boss.
-JR98-
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11/25/2007 postreply
18:02:58
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House at Willow Ln.
-挨踢-
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11/25/2007 postreply
19:43:18
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It's better to avoid the cheapest house because
-miat42-
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11/26/2007 postreply
06:47:38
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Good for you.
-JustAsked-
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11/26/2007 postreply
08:09:31