Good Deal or Not? “Court must approve contract” edition

by Prince Of Petworth July 15, 2011 at 1:00 pm 15 Comments

This home is located at 1326 Fairmont St, NW:

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The flier says:

“Great 3-unit Vict on lovely blk close to Metro, shops, restaurants. Owner’s unit = 3flrs. 1st flr = 1BR unit; bsmt = 1BR unit. All self-contained. Needs some masonry work on front and cosmetics inside but bones are wonderful. This property in bankruptcy estate; Court must approve contract.”

You can find more info here and a virtual tour here.

At first I was just looking forward to check out one of these great 3 level row houses. But this is certainly a bit more of a complicated situation. Do you think there is a good discount because of the bankruptcy issues? Given the situation does $939,500 sound right?


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