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Updated over 9 years ago,
Potential Flip in MA
I am a contractor out of Boston thats new to house flipping. This home is offered at $196,000.00 (foreclosure, home is in ROUGH shape) with comparable homes selling in the $300k+ range. My question to you guys is.. How hard will it be to sell this home because of its shared driveway? There is a home behind this home and I'm assuming this is why nobody has pulled the trigger on this home.
-Has anyone out there sold a home with a shared driveway?
-If yes, how did it affect sales price?
-Was there anyone who shied away the property because of the shared driveway?
-When dealing with foreclosed property, is there any negotiating with a bank?
Thank you as always,
-Patrick