Quote:
Originally Posted by TheDoc
I wouldn't really call it a market... it's more buyers choice, just select a house and name your price.
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I called it a buyers market because there are so many homes available to bid on that are dirt cheap and as you mentioned, you can just about name your price. Most can't be sold due to the previous owners stripping the house.
I would assume you could buy a home stripped if you are paying cash and possibly signed some sort of release. I don't know how the law reads or if the banks would allow a person to purchase a non livable home. I was always under the impression that if the home is not livable, meaning ready to move in, then the bank has to make necessary repairs and then it can go on the market....not sure....
