At one point it was a boarding house / apartment units, that's why there are so many bedrooms/bathrooms - so there are some walls that could come out .
Post by thatgirl2478 on Jun 13, 2013 8:17:22 GMT -5
$39k is because it has issues. Well...the bank says it has issues - but my Dad knows as much about that house as his own and he says it has SOME issues but not the kind that the bank says it has.
The bank thinks the foundation is bad. My Dad knows that the foundation they THINK is bad & bowing away from the house is actually just a cosmetic foundation - the real one is still intact & doing it's job to the best of it's abilities .
However, at one point the previous owners put in (or tried to put in) a geothermal unit ... but it never really worked as well as they would have liked. So there might be a need to re plumb for radiator heat or other heating /cooling unit.
The last time it was sold for REAL (ie not foreclosure) it sold for approximately $100k.