Homeowner · West Sacramento, CA · Member since 2010 · 16 posts · 0 votes
What are your thoughts? Is this a huge factor when selling a rehabbed home? Do a lot of buyers turn away? How bad does it affect your end profit? There is one house listed on the MLS that looks like it is in pre-auction status. I understand you can get big discounts right before a house goes to auction as the bank will take big discounts at that point. This house has been on the MLS for 150 days and in pre-auction, but one of the rooms is unpermitted? Is that a deal killer, or something to be concerned about? Also, anyone else pick up real good deals with pre-auction bids?
Developer · Kona, HI · Member since 2010 · 22 posts · 5 votes
15y
Not a deal killer in my area. But then again everyone does that here it may be different depending on you're buyers. If you are selling based on the recorded rooms to me it's just a bonus really. I've seen many houses listed with them and sell maybe you should check your area for houses with extra rooms. If they seem to be selling (based on days on market) just as well as the others then it's not a problem.