Hey guys, I’ve learned so much over the past couple weeks from you all. Thank you so much.
My situation, as a newbie, seems strange to me. I found a property on Zillow; 3.4 acres, 2 bed one bath, for 38k. The property is in fair condition and is certainly livable. I intended to take the plunge and pursue the property as my first rental. I called the agency and spoke to a realtor who said he wasn’t familiar with the property. He called back and said he found out it’s a repo and would gather more info for me. I never heard back. I called the agency again and spoke to another realtor. She informed me the property was a repo and the bank just wants to break even. We scheduled to look at the property. She called me back the next day and said the property had wasp in it so she can’t show it at the moment and would be in touch. I never heard back. The next day, the property was taken down from Zillow and added to Realtor (it wasn’t there before) and listed as pending. Does this sound typical? I assume with such a low cost the realtors aren’t fighting over who makes the sell as there isn’t much of a commission, but it seems highly unprofessional unless I’m missing something. Thanks.
