Updated almost 7 years ago on . Most recent reply
Tax sale absolute auction
There is an absolute auction coming up about an hour away from where I live. It is a 3 bedroom 1979 mobile home in (according to the listing) poor condition on 3.5 acres. There is a well and septic. The listing describes the land as nice and flat.
I have not been able to see the property yet, however I will have the opportunity to do that before the auction. I am wondering if a mobile home in that condition is worth buying... My intention is to make repairs/rehab and either rent out sell via owner financing.
What do all of you with more experience think of this? I will update with more information about the home when I receive it. Thanks everyone!
Most Popular Reply
No one can tell you that until you go see the property and determine the repairs needed and calculate the investment.