32 Distressed Properties Listed For Sale In Tallahassee
Let's take a look at all 32 listings of distressed homes for sale to see if there might be a diamond in the rough.
Distressed Homes For Sale In Tallahassee
Why Do Some Distressed Homes Not Sell Right Away?
If you have been following distressed properties in Tallahassee for a while, you might have noticed this incredible home and wondered why nobody has bought it.
Before I give you the back-story on this home, it stands as an example of why you should go see distressed properties and not worry why they haven't sold. Not that you don't want to find out, but don't let that stop you from seeing the home. You just might uncover the deal you've been looking for.
Now, why hasn't the home shown and mentioned above been sold? Well, it's a short sale, and it has been under contract several times, but the lender has rejected previous deals.
Even at its current price, the home is a steal. Located in Midtown on nearly 2 acres and priced below $1M! Priced Below $800K! Priced BELOW $600k!!! You get the point? The lender has been stubborn (and rightly so) because this is a huge home on a huge chunk of in-town land, so the lender felt there was more money there. But after many long months on the market, perhaps there is a good deal to be struck now? Are you ready?
Tips For Buying Distressed Property
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I recently stumbled upon your latest Carrabelle listing. I must say, a home on Florida's Forgotten Coast is bound to be snatched up quickly. Best of luck with getting it under contract soon!Posted by Barbara Corcoran on Thursday, June 15, 2023