Originally Posted by Beachbound
so many people are underwater right now. The house we may rent is also. They are trying to decide if they want to try to short sell it or walk away. They paid $500,000 a few years ago & are trying to get $375,000 now. We would get reduced rent to live in it, keep it up & show it to buyers. This house was built in the 40s, kinda of craftsman style but they made a few dumb changes that hurt the appeal of the house, plus it is on a busy 1 way street. It is in one of those in town areas (Shell, think Virginia Highlands) that professionals adore because it's so close to downtown & has funky, old,interesting homes. I like them new !!!
wow that is a lot of $$ for a house of that age is it really special?? location?? or what ??