N Arlington 3BR/2BA SFH listed at $499k

[Anonymous]

Not a bad little house. Definitely not a sure teardown. If a young family really wants to break in to the N. Arlington market, this could do it.

[Anonymous]

If we could afford to break out apt lease, I would look at this house for sure! It seems like a decent little house.
There really aren't that many houses on the market for under 500K and certainly none that look as decent as this one does in the pictures.

[Anonymous]

I appreciate OP passing this along. You people are so freaking mean.

[Anonymous]

It's never a good sign when something is being sold AS IS.

[Anonymous]

14:53 - a lot of houses are listed as AS IS. you can often still get things fixed in an inspection contingency. It generally just means that the seller (often out-of-state) has inherited it and doesn't want to spend a ton of time fixing it up and staging it to get a better price, but wants to just get rid of it.

[Anonymous]

Anonymous wrote:14:53 - a lot of houses are listed as AS IS. you can often still get things fixed in an inspection contingency. It generally just means that the seller (often out-of-state) has inherited it and doesn't want to spend a ton of time fixing it up and staging it to get a better price, but wants to just get rid of it.

+

I feel like every single house i look at (under 600K) is old as is. I don't look at ones over that, so perhaps it is just becuase I am poor whomp whomp

[Anonymous]

Anonymous wrote:I appreciate OP passing this along. You people are so freaking mean.

Someone posts a link to a crappy little house in Arlington. What do you expect? Post a link to a ratty townhouse in Largo, Damascus or Manassas and see how people react. Are we supposed to be jump up and down just because it's in Arlington?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I appreciate OP passing this along. You people are so freaking mean.

Someone posts a link to a crappy little house in Arlington. What do you expect? Post a link to a ratty townhouse in Largo, Damascus or Manassas and see how people react. Are we supposed to be jump up and down just because it's in Arlington?

Boy, really are some meanies on here...

Obviously you could get something nicer if your budget was 600k or 700k or 800k but not everyone can afford that.... And not everyone who has a low budget wants to live in a condo or in Largo or Damascus or Manassas or wherever... What's wrong with identifying a reasonably priced home in a decent neighborhood in a desirable close in neighborhood? As is can mean a lot of things...when I see it in conjunction with "estate sale" it doesn't necessarily mean it's a dump, just as likely a home that was recently vacated by older people who didn't want to do the updating work and/or whose families didn't want to do it if the homeowners are deceased.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I guess I would need to understand better what the "as is" condition is to say whether it seems like a good deal or not.

Sometimes it's put in there to scare off buyers who'll want a laundry list of things to fix.

Exactly. When I sold my condo, I didn't put it in the listing, but I made it clear to my agent that it was "as is". I had bought the condo while the market was very hot (not the top but on the way up), had gutted the kitchen, knocked out some walls, refinished all the wood floors, replaced the patio doors and windows with commercial grade storm proof replacements, painted the whole house and updated the bathroom. Because of when I had to sell, I knew I was going to have to take a loss on the house. Because I knew that I had done almost every expensive replacement/update in that condo, I was not going to engage with someone who didn't like the look of a light fixture or something, as the person was going to be getting a good deal. The buyer did try to ask for one thing, and I refused because I was not putting another penny into that house for something stupid. He bought it anyway at his original offer.

You often get good deals on estate sales, because the heirs usually just don't want to be burdened with the house and don't want to pay carrying costs on it. Most elderly people wouldn't have a mortgage on the house, so whatever the seller gets is going to be profit for the heirs. But they're also not going to get into discussions over changing out cottage cheese ceilings or fixing a squeaky door.