Property Q&A in McKinney>Question Details

Katherine He…, Real Estate Pro in Dallas, TX

is this price correct???

Asked by Katherine Hershey Robertson, Dallas, TX Sun May 27, 2012

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This question is about this property: http://www.trulia.com/property/1007109735-1320-Greenville-Rd…

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5
Needs lots of work and will probably only go to a cash buyer.

These do come up now and then.
0 votes Thank Flag Link Sun May 27, 2012
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
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Yes, but only you can decide if what you pay for it, plus what you have to invest in fixing it up, will be in your budget and make a worthwhile investment. MANY folks who start out looking at foreclosures in our area end up actually buying a normal, resale or new, property.
0 votes Thank Flag Link Sun May 27, 2012
Hi Katherine-

This is a foreclosure and just came on the market. It looks to be in very rough condition and is being sold as-is, per Chase.

Chase will not make any repairs on this home which is why it's being listed at a low price. It is also right next to the McKinney airport, which is another reason a low price.

Most of the value will be in the land and not the home.

This could be a good rental investment if that is what you are looking for. Feel free to text or email and I would be happy to give you additional information.

Best regards,

Sherry Renfroe
Ebby Halliday Realtors
(214) 215-4145
sherryrenfroe@ebby.com
http://www.sherryrenfroe.com
0 votes Thank Flag Link Sun May 27, 2012
Keep in mind homes that reduced MAY not pass lender approval COULD require a cash purchase.

McKinney homes for sale McKinney Tx

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0 votes Thank Flag Link Sun May 27, 2012
sure is - just came on the market. If you're interested let me know!

Thanks!
Andrea Brooks
469-450-1326
0 votes Thank Flag Link Sun May 27, 2012
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