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Why are some homes as low as $5000.00 or less?

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February 25 2011 - Las Vegas
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Answers (5)

I have been seeing and increase in auction homes that set an unrealistic asking price like 5,000 - 19,000 just to stir attention. This tends to attract buyers to the market that may just need a little help and guidance to get to a home that they will really love.

Its not if you can buy a home its When!

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March 06 2011

Occasionally a home is listed very low just to move it.  I know of a person that follows my advice newsletter who took a chance on a home listed for $7,500.  She purchased it for $6,000.  After a little sweat equity and another $4,000 she moved in!  She bought a 3 br/2 ba home and has $10K invested.  That's a sweet deal and she got it because she was willing to take a chance.  Don't avoid listings just because the list price is very low ... Sometimes they turn out to be the real thing.  Good Luck!  :)

MIke Gross
mgross@nextagepeachtree.com
http://NextagePeachtree.com

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February 28 2011

Yes,  they are for rent!  $1,200 or  $5,000

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February 28 2011
Are they "for rent" instead of "for sale"?

Sometimes "for sale" listings are also put at an extremely low asking price just to get attention. They can then end up selling for a lot more.
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February 26 2011
No homes under $5,000..  But there is one home currently offered at $19,900, and 22 offered between $20,000 and $30,000.  The oldest was built in 1930 and the newest in 1979.  Want more info, let me know.
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February 26 2011
 
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