Showing posts with label Denver Fix and Flips. Show all posts
Showing posts with label Denver Fix and Flips. Show all posts

Saturday, October 13, 2007

Winterized

So our neighbors' house that went into foreclosure sold at auction--For $125k, much less than the $170k they owed on it. The low sales price at least makes me hopeful that someone will see an opportunity to fix and flip the house, since it will give them plenty of margin to invest in renovations, which it will need many of.

A guy came by today and winterized the place, so it doesn't look like they're going to be diving into any renovations any time soon, however. Guess we'll have to wait until spring to see what happens next.