We’ll make an offer on anything, but that doesn’t mean we buy everything.
We got a call from a seller with a house in a small town near our office. She said she wanted $25,000 for the house and already had an offer for $20,000. It was an interesting proposition. Her asking price was much less than the tax appraisal, and the taxes were current. She really wanted to sell the house, she said. She had tried to owner-finance it, but that didn’t work out. She ended up spending her kids’ school supply money to keep the house out of tax foreclosure.
She needed cash for the house. As you know, that’s what we do.
Unfortunately, sometimes a house just isn’t salvageable. That turned out to be the case with this one.