This property is actually pending/under contract. It appears to have gone to auction. From what you saw and your physical reaction this would not have been a good choice for you regardless of price.
As for auctions...buyer beware, as a bank owned property there will be no disclosures avaialbe. The lender handling the case may not even be in this state. When purchasing at auction, the Buyer is paying the auction company a premium 5-15% of the sale price (aka the auction company's commission) with a hefty deposit at the day of auction. If for some reason you do not close, don't expect to get either back. This is why is is so important to do all your investigating prior to the auction...and why so many avoid them.
The market is swinging back. If you are serious about buying before the prices climb higher, interview full time professional realtors, find one you are comfortable with and sit down and make a plan together to meet your needs. Inventory is low and demand is growing. The ready Buyer is the one who gets the deals. If you think its a good deal, you can be sure you are not the only one who thinks so. If you are not ready ( have been pre-approved or have current proof of funds) and the other Buyer is....you may not even get the opportunity. If you need to find lenders, your agent can help you. You need to customize your search so you get updates as they come on the market, again your agent can help you. Start interviewing and find the right agent for you and good luck!
I feel an informed client makes the best decisions regarding their real estate needs. Let me know if I can be of assistance.
Broker Associate, GRI, SFR, NHS
Real Estate Consulting, Marketing & Sales
Prudential Tropical Realty
2539 Countryside Blvd #3 Clearwater, FL 33761