Quote:
Originally Posted by vtec to vvel
Believe it or not, they actually do exist, though in really crap condition and very rural areas. And these are the types of properties that would most likely be cash-only, as they are likely needing major TLC and banks probably wouldn't finance them.
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Housing prices is all about location. My brick ranch that I paid $112,000 for in 2004. Worth $250K now. If it was in my brother in law's neighborhood. It would be over $600K.