Reasons a property has a low list price
Hello all! As a FTHB, I'm really looking to get a great deal! We're all hunting for great deals though. If y'all see a house that is listed well below the price of comps in the area what are some red flags you look for?
Example: I am looking at a house that is 5 BR 1.5 BA listed at 100k. Most houses in that area of a similar square footage, room number, etc are at least 180k.
Are there specific things to look out for that would justify a price like that, or is it just a great deal?