...the day that we find out what's going to happen around here? Could be, but there's not a magic 8-ball laying around. We're hoping to hear back from the buyer's people today about the review appraisal results and where we go from here.
There's a house in Olathe that we're sending the troops out to check out today. It's a big REO in a good 'hood. 2085sf single level ranch - full basement - pool. I think that the pool could be putting people off, but the house needs work too. Our main concern is a cracked basement because that's a deal-breaker. The house appraised at $186k in '08 and dropped to $130k in '09, probably becuase of the foreclosure. The bank is asking $114k for it. It's just been sitting a while. We're thinkin' that if it's solid, it would make a good rental later and be pretty easy to get rid of if we didn't want it anymore. It doesn't hurt that it's close to the grands, the LW's brother, and my bro.
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