Unless you are handy or have cheap folks who can help you fix the house it will not work.
Licensed Contractors, Electricians and Plumbers are expensive post sandy and IP has a strict building dept so they will check that you have right people and permits for any big projects.
So a house that was 300K that would cost 150K to fix with licensed people would sell for 130K. Cost to fix plus 20K to cover pain to fix.
But in end you have a super mint home.
Tom Brady SFR, e-PRO, SRES, GREEN, BPOR
Licensed Real Estate Salesperson
Notary Public, Retired N.Y.P.D. Lt.
#1 Listing & Selling Office on Long Island
Charles Rutenberg Realty, Inc.
255 Executive Drive - Suite 104
Plainview, New York 11803