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FIRST ANSWER
Hi Hayley,
If you come across a house that is $5k, I would jump on it. Where did you find this property? You would have to pay cash for it and if it's listed for that amount, you should be able to get it for that amount. Usually, in my experience, if a property is listed that low, there will be many many offers on it. The best place to research properties in the Houston area and obtain accurate list prices is http://www.ithomesonline.com When you pay cash for a property, you only have about $500-750 in closing costs and you would add that on to your sales price. Hope this helps. Please let me know if I can help you in any way. Thanks!
Amber Carrillo, Broker/Owner
It Homes
832*643*5632
ambersells@sbcglobal.net
Sat Sep 26 2009, 21:29