Updated about 1 month ago on . Most recent reply
Who are the ones that advetise torn down houses without fixing basic stuff
Im located in Phx,Az, currently looking at single family homes in the $250k range, at this price point im not expecting the homes to be move in ready but recently saw in zillow or redfin houses advertised for sale where they are literally a mess , owner/investor didnt fix a thing on the house, who does this, whole salers, are they expecting to make a quick flip as is with no fixing up at all of the house, im in the car business and that is a big risk.
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In many instances, it was a lender. Most lenders are just that, a lender, and want the asset off their books as fast as possible, so they will sell it as is.
- Chris Seveney



