In my experience with HUD homes, I find that the asking price is ridiculously low in order to attract multitudes of potential buyers - a kind of a teaser rate if you will. Once the actually bidding is over, these homes generally sell for a much higher price than most of the bids. Just don't want you to get too excited about that price.... more
Check with a real estate attorney to see what your options are. Will the sellers pay to mitigate the Radon -- the entire amount, or split it with you? Check with the Radon company to find out just exactly what they found and what the cost would be to mitigate. Depending on the house construction, it may be easy, or not. If the sellers will work with you to get this mitigated, it would be a whole lot cheaper (and less contentious) than litigation. Good luck!... more
Tony I have $35 million in listings for the right investors. anything from a group of single family rentals to large apartment complexes.
Prudential Commercial Realtors