Fort Salonga - 5drms, 5.5 bths, 1.1 acres

699k, 4,745k taxes. this HAS to be a mistake.

MLS 2227039

Re: Fort Salonga - 5drms, 5.5 bths, 1.1 acres

If there's no missing 1 before the 6, then there's something fishy about it.

Re: Fort Salonga - 5drms, 5.5 bths, 1.1 acres

its probably a foreclosure and it may not be finished inside

Re: Fort Salonga - 5drms, 5.5 bths, 1.1 acres

If you look at the property, unkept landscaping, for a house that size/neighborhood, that's the first clue.

I then looked at the realtor and googled David R. Maltz. They are an auctioneer.

http://www.maltzauctions.com/

Guessing the builder couldn't find a buyer or the original buyer never closed... something

Re: Fort Salonga - 5drms, 5.5 bths, 1.1 acres

I would guess a builder foreclosed

this is bank owned for sure

Re: Fort Salonga - 5drms, 5.5 bths, 1.1 acres

woowwww

lucky person that gets that house!

maybe i'll take out a 2nd mortgage on the house we just bought - it's only about 10 minutes away

Re: Fort Salonga - 5drms, 5.5 bths, 1.1 acres

for that price I would bet it's not finished on the inside

if they don't let you in before the auction- you might not know how much you are going to need to spend

could be lucky or could be a money pit!

Re: Fort Salonga - 5drms, 5.5 bths, 1.1 acres

the taxes indicate that there is no C.O. and depending on what went on it could be very expensive or even difficult to get a C.O. as a new owner. Also it would most likely need to be a cash deal since I highly doubt its finished to a level that would suit a lenders requirement.

Re: Fort Salonga - 5drms, 5.5 bths, 1.1 acres

it's a bankruptcy aution

starting bid is $699K

and it's 60% complete

it's a subdivision- 2 incomplete houses and 2 other lots

they are looking to get no less then $2.2M

and you need $75K cert. fund to bid

Re: Fort Salonga - 5drms, 5.5 bths, 1.1 acres

Yes and put a 2 in front of the taxes because there is no way the taxes are going to stay that low!!

Re: Fort Salonga - 5drms, 5.5 bths, 1.1 acres

Posted by Tah-wee-ZAH

If you look at the property, unkept landscaping, for a house that size/neighborhood, that's the first clue.

I then looked at the realtor and googled David R. Maltz. They are an auctioneer.

http://www.maltzauctions.com/

Guessing the builder couldn't find a buyer or the original buyer never closed... something

Re: Fort Salonga - 5drms, 5.5 bths, 1.1 acres

I know these two houses.....they are gorgeous but I don't think completely finished. Looks like the contractor ran out of money......

Re: Fort Salonga - 5drms, 5.5 bths, 1.1 acres

the listing says "**Home Under Construction. Appx 60% Complete**

im sure that explains why; no appliances and not livable

good price if you have time and money to finish