My girlfriend and I took our lunch today to look at a house we found on the internet. it's in Mount Laurel, in southern New Jersey, a very nice town with easy access to Philadelphia and very good schools. The house was built in 1979, has four bedrooms and 2.5 baths. Similar houses in the neighborhood have sold over the last few years between $350,000 and $395,000.
This one is selling for $249,000.
Yup. It's got issues. It's an as-is estate sale and the place needs A TON of work. It needs a roof, a full interior paint job, carpets have been removed throughout and the kitchen and baths are original. The shed is falling down, there is evidence of mice and the list goes on.
Oh yeah. The oil tank leaked too. It needs 'soil remediation.' God only knows what that would cost.
Photos are up here.