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Updated over 8 years ago on .

User Stats

12
Posts
1
Votes
Jeremy Ashford
  • Investor
  • Severna Park, MD
1
Votes |
12
Posts

Offered on duplex, now other side is being auctioned

Jeremy Ashford
  • Investor
  • Severna Park, MD
Posted

I'm in negotiation to purchase an updated duplex at retail in an A+ area. It will be my primary residence. Today I found out the other side of the duplex is in foreclosure and will be auctioned on the 20th of this month. Does this mean anything for me? Is it likely to hurt the property value of the house I'm buying? Could this possibly be a good thing for me if it's bought by an investor and flipped?