Please don't be offended.. I would rather that you know the truth as opposed to what you may want to hear:
I really hope you have a buyer's agent and an attorney. Many of the foreclosed homes are being held due to problems with the title and the recording of mortgages. Also, be sure you title insurance is available.
You should also be sure that your bank will finance this foreclosed home. Many times, conventional financing is not available for distressed homes. Your price range, as you probably know is very low for this area. It's a classic case of "what you get for the money". in Boston. $170,000 will perhaps buy a house lot, or a home in need of much attention. On the south shore, i.e.. Brockton, Fall River, you can find this price range.... more
Yes, I think you should put an offer on the house that you and your husband fell in love with, because it is still listed as an Active. But in the same time you need to check the Zoning in this area and work with your agent about getting more detailed information about the whole situation?