Buying homes Site-Unseen?
As an investor in San Antonio's real estate market, I've found success in acquiring properties sight unseen at a discount. However, promoting a $35,000 West Side Home in a disposition effort has proven challenging as:
-Access is restricted until final walk through before closing
-A non refundable deposit is required (required by dispo company)
-Only pics of the outside of the home
-Home will be vacant at closing
The home looks decent from the outside & allocating for a full rehab on an 850 SqFt SFH, home est. retail value after reno around 150k
Looking for thoughts of other investors & or realtors on this one as I thought this one would fly off the marketplace....