Sometimes the @Homes Deal Finder comes up with a Huntsville Real Estate Listing that is somewhat unexplainable on the surface. I mean hey, $43 sqrFt, in a very nice neighborhood in one of the best school districts in the Metro Area. What’s up here anyway!
At the very least if you’re in this market, you have got to go and take a look, if only for educational purposes. Hey perhaps even just entertainment purposes.
For sure there are reasons for such a fire-sale, especially given that it has been on the market already for ~60days. Yes, it is a foreclosure, sold as is, with a first right of redemption (but from whom?), and for cash only, but surely there is more to this story! Is it truly a short sell with a public listing price well below what anyone involved with decision making ability is willing to take? I don’t know, but I sure want to learn more!
Well I am going over personally to take a very close look at this home and based on what I find and what I learn with a few phone calls, I’ll come back and comment on this post as an update. Something is up, that’s for sure.