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Update: Tax assessed value dropped 81%.

  • Thread starter Thread starter /u/ShesHVAC48
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/u/ShesHVAC48

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Original post is here:

https://www.reddit.com/r/RealEstate/s/xkl5I3qAIa

So....I have an update. As y'all know, I was already seeing red flags 🚩🚩 waving with this property.

I decided to reach out to a realtor friend I could trust.

I gave them the 411 including the new info I found last week. Turns out, my gut was spot on..... Not only did my friend know what happened with the contracts falling through, they knew some extra info about the selling agent.

Long story short, the home on the property has major foundation issues that were revealed during the inspections. Every buyer walked away because the selling agent/owner refused to make any concessions.

They also said this set of agents have a reputation as the biggest assholes in our area. A lot of the local agents refuse to deal with them, period.

I have a feeling that this house is going to sit a while.......

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Update: Tax assessed value dropped 81%.
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