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Owned by NCRC

My husband and I are getting our documentation together to get preapproved this week and have our eyes on a particular house. The house needs rehab from looking at the outside, the listing has no pictures of the inside. It seems pretty overpriced and judging from the outside it doesn't seem like any rehab has been done yet. When we're preapproved we are going to have our realtor set up a showing. It was sold in February of this year for $217500 and is listed now for $280k and our county property appraiser site lists the National Community Reinvestment Coalition in Washington DC as the owner. Does anybody have any idea what this means?

submitted by /u/peachersen
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source https://www.reddit.com/r/RealEstate/comments/pf6crh/owned_by_ncrc/
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