It will be difficult, as prices have gone up in the past few months and we are currently experiencing a housing shortage - all things that make up a seller's market. A home in that price range will need LOTS of repairs. We have lots of investors with cash, so chances are, you would not be the only one making an offer the property. While our prices are still a great bargain, compared to other parts of the country, $50K for a 3 bedroom is probably a little unrealistic. That said, I would be happy to send you whatever listings there are in your price range. You will also need money for closing costs (around $2K). Is that part of the $50K, or additional funds available?
Real Estate Specialist
Prudential Americana Group, REALTORS