The housing market is so crazy, this $600,000 ‘horror’ is drawing multiple cash offers

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Available homes are so scarce that this ‘nightmare’ listing seems like a steal --- even though it’s covered in graffiti and smells awful

While many listings that describe homes for sale are notorious for spinning cramped, dark spaces as “cozy,” or glossing over other inconvenient truths about a property, a Colorado Springs agent didn’t pull any punches in her roughly $600,000 listing for a “formerly majestic” five-bedroom home that is now “every landlord’s nightmare.”

When MarketWatch asked Foster what she felt while walking through the house for the first time, she said “horror.” The smell is so bad that Foster is refusing to accept any sight-unseen offers, including a California investor whom she says offered her well over $600,000. “It’s too much of a liability,” she says, noting it will cost at least $150,000 to rehab the home. “I don’t want to sell it to someone who hasn’t seen it. That’s also why I wrote that description: If you’re gonna walk into this household, you need to know what you’re facing.

 

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LOL PISH I bet its not nearly as bad as the house we bought where the owner died, freezer broke and rotten meat and a gas leak turned the house into a stench pit that took us 3 years and about 80 grand to repair, that place can be fixed with just paint and carpet.

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