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Updated over 6 years ago on . Most recent reply

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Jennifer D.
0
Votes |
4
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Tax sale absolute auction

Jennifer D.
Posted

There is an absolute auction coming up about an hour away from where I live. It is a 3 bedroom 1979 mobile home in (according to the listing) poor condition on 3.5 acres. There is a well and septic. The listing describes the land as nice and flat.

I have not been able to see the property yet, however I will have the opportunity to do that before the auction.  I am wondering if a mobile home in that condition is worth buying... My intention is to make repairs/rehab and either rent out sell via owner financing.  

What do all of you with more experience think of this? I will update with more information about the home when I receive it. Thanks everyone!

Most Popular Reply

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3,177
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Christopher Phillips
  • Real Estate Agent
  • Garden City, NY
1,999
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Christopher Phillips
  • Real Estate Agent
  • Garden City, NY
Replied

@Jennifer D.

No one can tell you that until you go see the property and determine the repairs needed and calculate the investment.

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