In other news, I showed homes in questionable neighborhoods today. One home was a flip, that is, it was purchased six months ago for $100,000 less than the asking price it is now. The owner "fixed it up" by painting the interior, ripping out the flooring to expose the cracked concrete. She then put in a cheap sink and potty in the one bathroom, as well as some odd floor tile. In the kitchen she added a refrigerator and jacked up the price.
The other home we looked at was in a more questionable neighborhood. The gas meter was half-missing, which was probably best because the gas hot water heater was locked in a small, outside unventilated enclosure, and was a fire hazard if it worked anyway. The roof was patched together and one of the two support beams of the carport was cracked and barely standing up. Of course, the lockbox was directly under this beam in the carport, so I had to go under it a couple of times. But that's not all! In addition, the owner apparently had an interesting perspective on landscaping or was thinking about adding a second bathroom.
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