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Updated over 12 years ago,

Latarsha Foster's profile image
Latarsha Foster's profile image
Latarsha Foster
  • Real Estate Investor
  • from Georgia
  • Member since Apr 19, 2010
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Latarsha Foster's profile image
Latarsha Foster's profile image
Latarsha Foster
  • Real Estate Investor
  • from Georgia
  • Member since Apr 19, 2010
Connect
Latarsha Foster
  • Real Estate Investor
  • Georgia
0
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2
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Real Estate Deal Analysis & Advice

Looking for Advice on REO purchase

Latarsha Foster
  • Real Estate Investor
  • Georgia
Posted

I have found an REO that is selling for under $1000, is appraised by the county for around $19,000. The property is said to be unusable because of flood damage. I'm wondering if this is something I should pursue. I'm not sure anyone would want the house but it does sit on about an acre of land. Is this still a good deal? I welcome all input.

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