This house is an estate sale with many unknowns - the disclosures state there is no septic system and the condition of electrical and heating systems, and most everything else, is unknown. The value is going to be in the land. If you aren't deterred by those details and you are a cash buyer, I'd be happy to help you investigate the property further - my office is right down the road in Bath. 443-4353.... more
Consider a lease option, or lease purchase agreement with a seller. This is also known as a rent to own arrangement and can give you the necessary time to build your credit scores. Higher credit scores generally translate to lower APR's. Just because you have a credit score in the 500's, doesn't mean you won't be able to get a loan. It may just mean you will pay a higher interest rate on it.... more
I put together a weekly Distressed Property List here on the MidCoast of Maine. Most of my business is working with Buyers who are looking to purchase property that is in some state of distress. There are a number of ways to purchase property that is not yet bank owned.
If you would like to start receiving my Distressed Property List, go to my blog post below to get your copy and sign up.
I would love to help you buy that property. Contact me by cell phone at (207) 975-9330 or by e-mail at Steve@TheMidCoastGroup.com.
Steven M. Dyer, CRS
Keller Williams Realty
50 Sewall St., 2nd Floor
Portland, ME 04102