No, I do not see that house listed, but there is another listed at 3503 Tennessee Road Ottawa, 66067 and it is listed for$110,000. It is a 3 bedroom, 2 bath home on 1.6 acres with double garage and basement walks out into garage. Let me know if you would like to see it or any home. You can call or text me at 913-244-1101.... more
I don't know what banks you are talking to, but a lender who does a lot of USDA Rural Development loans will know the most about that program. Comparables are an issue with all loans and even harder with non traditional properties.
How much land is included and is it for farm purpose? A direct USDA loan might be the answer when there is an agricultural aspect.
I am local and would be happy to assist you with this.... more
If you are interested in purchasing the property, review comps with your agent--recently sold similar properties in the immediate area, make a determination as to a fair offer, and ask your agent present that offer.......... more
I would get a buyers agent to represent to represent you to evaluate the work that needs to be done and make the offer that you feel is realistic. The bank may not do anything, but then the bank will continue to reduce the price the way they are doing it until they hit a number that gets people excited.... more