U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Pennsylvania
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
Old 08-31-2007, 06:28 PM
2 posts, read 22,490 times
Reputation: 11


Oh yeah, the person above me listed some great ones too such as Broomall and Havertown.
Rate this post positively Reply With Quote Quick reply to this message

Old 07-11-2010, 01:40 PM
1 posts, read 2,489 times
Reputation: 10
Default 585 Baltimore Pike, Glen Mills, pa MLS #5736272

Hi John,
No this property's value isnt over $200,000- I had it officially apprasied at $190,000 and that didnt take into account that it needs a completely new spetic system at $20,000, floor joist replacement which wont be cheap, the Clean Water Act environmental law issues that wont allow you to do anything with over 1/4 of the land, the strong possibility of Eminent Domain because its 5 feet from Rt 1- literally!!! There's a HUGE crack in the stone foundation, unlevel floors, it needs an all new kitchen and windows, several trees need to be take down, etc..... the list goes on and on.
By the time its just habitable, you'll end up spending well over an additional $150,000 above the purchase price. It needs all new stairs as well. The Bank that owns it plays a lot of games with fees too. It seems like a great property at first, but after you really do youre research, inspections and have a lawyer look into it, its a complete nightmare! I wouldnt pay anything more than $80,000 for it. The bank knows of all the problems but doesnt want to admit to it so it can get more monmey- they want pausable deniability- dont let them BS you. Im not the only one that found all this out. I think its on auction right now at www.fre.com or www.fre.com/bid Its the Thomas Newlin house. Buyer BEWARE!!!! Good luck!!! Google it!

Last edited by paguy2010; 07-11-2010 at 01:43 PM.. Reason: typo
Rate this post positively Reply With Quote Quick reply to this message
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Loading data...
Based on 2000-2020 data
Loading data...

Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Pennsylvania

All times are GMT -6. The time now is 09:59 AM.

© 2005-2023, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top