Quote:
Originally Posted by marmac
I find it very,very hard to believe you purchased all that for $20,000.
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No one else could either but I was lucky in that at least a couple of people had tried to buy it before me but they had tried to get loans. Lucky for me the banks were unable to verify a septic system. I had taken the time to wade into the tall weeds that had grown up around the house and had found the pvc clean-out ports for the septic system so I knew it had one. I later met the original owner who showed me the specific location of septic system he had had installed and had certified by the County. He was also the one who installed the new metal roof just before he sold the property to the guy who had let it go back to the bank. The guy who let it go to foreclosure only owned the house for a couple of years.
Anyway, the bank eventually lower the price to over half of their initial asking price and that's when I jumped in and made a cash offer. Unfortunately the house is a mile off pavement but a 4x4 easily solved that problem in bad weather. The old house needed a lot of work inside but after a couple of months of cleaning and other work inside, I sit here in front of my computer writing this message. A little tractor work and tree-trimming outside and, from a distance, the place now could be mistaken for a small showplace. I had been looking for a place for my antique car and tractors when I came across this one. The large barn is the old quonset, full metal style but it was still in great shape and appears to have a 12" concrete slab under it. The barn is directly behind the house in this photo.
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Not selling land
