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Updated almost 4 years ago on . Most recent reply

User Stats

7
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2
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Elijah Brzezinski
2
Votes |
7
Posts

Reasons a property has a low list price

Posted

Hello all! As a FTHB, I'm really looking to get a great deal! We're all hunting for great deals though. If y'all see a house that is listed well below the price of comps in the area what are some red flags you look for?
Example: I am looking at a house that is 5 BR 1.5 BA listed at 100k. Most houses in that area of a similar square footage, room number, etc are at least 180k.
Are there specific things to look out for that would justify a price like that, or is it just a great deal?

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