Looking at another house

Dawn has spied a house that she saw for sale last year. It just came onto the market again a few days ago. Its a house that was foreclosed on when the former owners were unable to sell at a price above what they owed. The price has been dropped a whole 60K and is set 88K below what the house sold for in 2002. The listing says it was built in 1888 but it was rebuilt from the foundation up in 2002 and so is essentially new except for the basement. The lot is a strange shape with is .5 acres but the house is set back all the way in the back with the back of the house only a foot or so from the property line. The house is actually only a few blocks from where we live right now. There have already been several offers on the house and so at this price there is some real competition but we are really thinking of making a bit early next week.
Howard Hanna Real Estate