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re: Selling stock to buy foreclosure

Posted on 1/5/24 at 4:46 pm to
Posted by baldona
Florida
Member since Feb 2016
20591 posts
Posted on 1/5/24 at 4:46 pm to
What's the house usually go for OP I mean on the private market? Those homes that seem too good to be true rarely ever actually foreclose, something else happens as in a private buyer, they refinance, sell, etc.
Posted by Drizzt
Cimmeria
Member since Aug 2013
12971 posts
Posted on 1/5/24 at 10:30 pm to
Zillow estimate is $239k but I think that's a little high. Its 1600 sq ft 3/2 and in relatively good shape (of course, I haven't seen the inside). A smaller 2/2 1200 sq ft that was renovated is listed for $217k a block over. A 3/2 few down from the foreclosure sold for $223k last year. It was 1900 sq ft and in similar condition. I'm only interested below $190k.

My realtor is the one who told me about it. She's an experienced flipper and is checking on title and liens for me. I could see other investors passing on it because it doesn't have great curb appeal but its perfect for what I want.
This post was edited on 1/5/24 at 10:34 pm
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