Lots of deals are getting picked off before I get a chance to write about them, and the rate at which new bank-owned listings are hitting the market has slowed. But I did find this sweetheart of an UnReal Deal this week, listed by Carolyn Lalas of Real Estate One in Beulah.
It's a 4 bedroom, 3 bath, 2 bedroom home in nice condition. The 5 acre parcel is mostly open, with corrals and paddocks (?) for horses, as well as a large horse barn. It has a one car attached garage, plus a detached 2 car garage. All for $107,900? That was unheard of not long ago (like when I was looking for a house!)
The house was originally listed at $229,000, and dropped to $185,000 before the bank took ownership.
Here's what has prevented it from selling in my opinion:
First, it's layed out upside down. Really. All but one bedroom is on the main level, along with a family room, laundry room, and a mud room. Upstairs is a living room, another bedroom, and THE KITCHEN. Strange, but there's loads of room to relocate the kitchen to the main level in the future.
Second... I got nothin'. At this price, it should have sold by now.
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