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Updated almost 6 years ago on . Most recent reply

Blake Morgan's profile image
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Blake Morgan
  • from Irvine, California
  • Member since Jan 11, 2017
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Blake Morgan's profile image
Blake Morgan's profile image
Blake Morgan
  • from Irvine, California
  • Member since Jan 11, 2017
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Blake Morgan
  • Irvine, CA
7
Votes |
9
Posts
Indianapolis Real Estate Forum

What is Wrong With This House?

Blake Morgan
  • Irvine, CA
Posted

I found this listing for 110k in Greenwood, 4 bedrooms 2.5 baths 1802 square feet - tenant occupied. (https://www.redfin.com/IN/Gree...)

Most comparable homes are going for around 40k more than this - what is wrong that I'm not seeing? 

Indianapolis, Indiana
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Eric Miller's profile image
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Eric Miller
  • Real Estate Broker/Investor
  • from Danville, IN
  • Member since Aug 21, 2014
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Eric Miller's profile image
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Eric Miller
  • Real Estate Broker/Investor
  • from Danville, IN
  • Member since Aug 21, 2014
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Eric Miller
  • Real Estate Broker/Investor
  • Danville, IN
36
Votes |
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Eric Miller
  • Real Estate Broker/Investor
  • Danville, IN
Replied

It says cash only and looks like it’s in foreclosure. I see these on occasion where they try and sell real quick rather than take a foreclosure hit to the credit. 

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