seems like a GREAT deal

[Sean Rand]

I was wondering, I have found several properties in my area recently and they are listed for cheap. one example would be a home for 26k in the middle of town, decent part of town, older homes, but have comps in hood for brand spanking new homes built by branded local homebuilders. why do these properties stay on market? the new homes being built by these reputable builders are being bought for 60k and sold for 250k. I would really appreciate some advise on this! seems like a no dang brainer, buy for 26k wholesale it alone for 60k???