Can't blame them for that.After i showed the agent the true size he realized the price would have to be changed.What i would prefer is to work with the bank to take the problem off their hands, manage the building efficiently, put the building to productive use, increase the curb appeal of the property and increase the value of the property to the neighborhood. 

Another aspect is to buy one property and then get the neighborhood involved, get a dumpster for free clean up day (cities often support this) organize a neighborhood watch, do curb appeal first (that won't be destroyed by rehab work)  you need to change attitudes quickly.

Her sidewalk is in better shape than yours, no crack, no pushed up concrete...she has a small area at the curb that dips. 

What if I tell you the task is to take my trash can down to the curb while I am away next week - great deal!

It's also trying to curb granting short sales to people who have resources available to continue paying unwanted mortgages.

This is because they immediately improve a home's curb appeal and help with the first impression of the home.

Turns out the village tried to shut it off way before it got that high but the shut off (curb box) was busted and they couldn't.They agreed to knock it down to $150 and call it a day. 

@Candy Quirino  Our top priorities going into a place to increase ARV are:KitchenBath(s)Curb AppealPaint & a clean overall lookEvery situation is different, so you might want to speak with a local knowledgeable Realtor.

Saying "we didn't cause the crisis" isn't the issue at all, due to the melt down in mortgages, it's the big violators getting handcuffed, along the way they are simply saying.....oh, yes, this bunch, this is the best opportunity to curb the crap investors have been pulling too!

Its been rehabbed and had curb appeal that drew me into it.