My wife and I found our first home we are interested in purchasing. Owners bought it in December 2020 and put it for sale in June 2022. Buyer selling since they got a relocation to a Sunny state. Supposedly they rented it out for a while. 1) They did some remodeling, but it was weird that they did not get the molding (floor-wall wood) done. The areas they have it done looks like basic MHD wood painted white. 2) missing room doors & frames almost everywhere. Even some closets don’t have them. 3) the pricing history changes are worrisome over the past years. 400 down to 350. The last two deals fell through due to finance issues supposedly. 3a) Doesn’t look like the home appreciated at all. Similar houses in area are 100k+ more. It is a double lot with a English basement. The ground is very hilly, if that makes sense, as it dips into the empty lot. Grass and trees have not been cut for a while. 4) it had a basement flooding and you can see it in the listing of the drywall being cut up. We are worried that the mold will come back. 5) we made an lower offer and it appears they are eager to sell it, closing in 30 days. Can someone check out the history of this home??? It’s 5-7-8 Shepard lane Geneva illinois.
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source https://www.reddit.com/r/RealEstate/comments/wscw09/diamond_in_the_rough_price_history/
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