We went and took pictures of the "see thru" house. We had our contractor write up an estimated "disbursement sheet" and the house is 28% complete. He thinks the bank "may" have about 30K at the most in it. The lot is worth about 5K, concrete foundation/slab, there is a basic outer shell and roof - noting else. No electric or septic to home.
MIKE went to the "main branch" of the local bank and spoke to the asset manager (since they were short with me at the local branch). WOW...what a jerk.
They will not even consider our offer of 15K. They actually told Mike that THEY (the bank) would hire a builder to complete the house before they sell it for 15K. Completed, the house MIGHT be worth 120K. They said unless they get an offer of 60K or higher, they will not sell it. I honestly believe all the bankers and realtors in this area are on crack !!!!!!!!!
I wish we could post a picture on here because you guys would flip out if you could see what they want 60K for.
We will let it sit.......and next year when it is still sitting there deteriorating, we will offer 10K.
~~~~~~ Praying for our dream house ~~~~~~