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Real Estate Deal Analysis & Advice

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Derek Bailey
  • Newark, NJ
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Seeking advice on a first time purchase.

Derek Bailey
  • Newark, NJ
Posted Jan 5 2018, 18:54

There is a home here in NJ that I recently seen for $16000. I have not physically seen the place only a photo. It is a single family 4 beds and 3 baths 1300 square feet. There is some slight fire damage in the front. The house is also a FSBO. Is this deal to good to be true? I haven't crunched the numbers as of yet. What can be some underlying issues? Lien? Bad title? What?

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