If you're talking about the Shobe Rd house, it's not "trashed," just hasn't been updated OR lived in for awhile. That's why it's "as is." It's unfortunate that it's priced so high, as it'd be a great house to renovate but I can't justify the current amount needed!
We would need more information in order to answer your question. What place? Was it a foreclosure? A short sale? Did you purchase a home that was 'trashed' between the time you made the offer and the closing? There is just no way to answer your question without at least some of this information.