Monday, June 1, 2009

Short Sale Opportunity

This home is back on the market after an unfortunate chain of events. After waiting 6 months for bank approval of a short sale, the new buyers scheduled a routine inspection. Prior to the inspection, the water was turned on to the property and several leaks were found in the pipes inside the home.

The company that performed the winterization of the pipes refuses to take responsibility for the breaks in the system. What do you think? Prior to winterization, the plumbing in the home was in good working order. The Geiler Company sent a technician to winterize at an expense of $180. to the seller. The seller vacated the home and turned the utilities off during the winter months. When the water was turned on in May for the first time since the winterization, the pipes were broken.

This home would be an excellent opportunity for an investor or handy buyer who is looking for a deal. Check out this listing on Meadow Grove in Mason, OH at

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