It increases a range down to lower incomes that cannot afford a higher mortgage on a 30 yr note.I think it can generate a spark in the housing market.

Owner also pays water, trash etc, and insurance and taxes are probably not low.In general I've found that MLS listed properties are not listed for below market prices, but further checking might prove this to be a good opportunity for you.BTW, from what I've seen in the Bay Area, some of that $150K gain you've seen in two years is probably "borrowed" appreciation from the next 3 years.

I just don't like bothering him because about 90% of my offer from him get rejected and to ask for comps on a fsbo i don't think that would be good for our relationship. i'm located in the pa boones and most data bases are not here plus the homes can range from $15,000 to $400,000 I don't realy want to spend all day at the court house finding this information. thanks everyone.

We offer a wide range of residential and commercial loan programs, including many investor and hard money programs.

As a general rule, listing prices are going to represent the highest end of the pricing range for a property, while the actual selling prices are going to be a closer indication of the current appraised value of that house.

Everybody wants a home in the range I guess.

What was the source of the water problem?

It shows you the average of a wide estimated range that is a gap of about 70 to 100 thousand dollar difference.

I definately wanted to think about doing a duplex but the only ones in my price range are in suburbs.

I usually look at the mls in my two zip codes a few times a week and right now there are at least 4 SFRs in the $50K range and about a dozen or more in the $90K-$110K range.