We put an offer in on our house a few weeks back and we got it! 3 Bedroom, 2 bath, 2 stall attached garage, and full basement for $55,200 including 6& sales concession closing costs. It's been a long process and isn't over yet. We have applied for a 203K loan which would enable us to get an additional loan tied into our mortgage for hope fully $10-15,000. As long as the improvements we make increase the value of the home according to the appraisers before and after predictions.
The house fit the geographic specs and seems to be an all around good deal. We had looked at and/or walked through 30-50 homes including extensive online research with help of my brother in law real estate agent Brian Brinkert of Tri-County professionals. I would recommend thorough research to interested home buyers and a trust worthy agent to assist your in the journey, it has been very helpful. Good sites or organizations that helped us along the way were "SWMRIC" and "PRUDENTIAL REAL ESTATE" and "COLDWELLBANK" was helpful too in our local home searches.
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