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Real Estate
Reply to "Do we buy the abandoned disgusting house?"
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[quote=Anonymous]You would need a good inspection - if it's just dead rodents, you may be okay to clean and move on, but if you have anything that has nested or is nesting in the walls, you may be ripping things out to find access points and clean up the mess. The challenge with a house that's been vacant/neglected is that there may be hidden issues like corroding pipes or sewer issues. You probably are underestimating costs at 75-100K to do cosmetic work plus refreshing the bathrooms plus a new kitchen. But if you can get it for a good price and are willing to put in the work, this is exactly the kind of scenario where you can get a rare "deal" in the housing market. [/quote]
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