All Forum Posts by: Rachel Shelby

The original order of the property died a few years ago and the wife died end of 2021, guess the kids didn’t want to deal with it so the property foreclosed. The property was listed at 210k it’s been on the market almost 4 months and it’s 189.9k now. It needs  work , the roof leaks because a tin roof panel blew up during a storm and wasn’t fixed. Some of the flooring is gone. Here’s the thing the house was built in 1986 by the original owners for 193k which is over 37 years(these same people are the original owners) . After 37 years I’m pretty sure no mortgage was left on it, if so not that much hopefully unless theg had other liens. What would be a good ball park to offer. This will be my second investment, first was no where near this price range. The Zillow estimate is around 175 other homes around it is cheaper. This is Mississippi so houses are not terribly expensive. I have pictures of it as well.