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by blackguardx 6324 days ago
I thought a lot of those sales came with stipulations that the house be fixed up in a certain amount of time. If not, it is a pretty good price. You would think that the materials cost more than that.
2 comments

Expect the valuable materials to be gone. For example, http://www.michronicleonline.com/articlelive/articles/2440/1... .
Like all things, the price of copper is down significantly. It's 25% of what it was when that article was published. Not saying the problem is completely solved by that, but it's got to be mitigated somewhat.
Yeah, but then you're stuck with the property taxes until you can find another buyer.