I'm guessing since the map is price limited there are likely many more properties out west except they are higher priced? $800 for a small chunk of vacant land behind something industrial near what looks like a lonely highway exit somewhere inland California. Then the East half has lots of reasonable looking homes. I hope the people left behind and homeless are getting by.
Mapping homes you can buy from the US government for <$100k
51–60 of 123 posts
Re: Mapping homes you can buy from the US government for <$100k
#52Earlier quoted context omitted.
Not simply "don't want to live here", usually also "can't, there are no opportunities for income here". I know lots of people optimistic that remote work would upend this, but even the few still-fully-remote workers I know need to live in areas where they or their family can find non-remote jobs if ever necessary.
The clawing back of remote jobs is pretty astounding. More places are 3 days a week I guess. But the idea of living out in the country with no one around, but with your remote job is nearly fantasy. You have to be very sure that if push comes to shove, you won't ever be laid off, fired, company closes, etc.
> You have to be very sure that if push comes to shove, you won't ever be laid off, fired, company closes, etc
I’ve been remote-only since 2017. In that time I’ve had interruptions in employment three times - it’s not nearly as bleak as this makes it sound.
Re: Mapping homes you can buy from the US government for <$100k
#53I'm guessing since the map is price limited there are likely many more properties out west except they are higher priced? $800 for a small chunk of vacant land behind something industrial near what looks like a lonely highway exit somewhere inland California. Then the East half has lots of reasonable looking homes. I hope the people left behind and homeless are getting by.
Correct, there are about 3,000 real estate listings right now on the main site: https://govauctions.app/feed?category=real-estate
Re: Mapping homes you can buy from the US government for <$100k
#54[dead]
> With $120,000 owed in back taxes due by you upon purchase. How does it work in the US? Are taxes on the property itself? This feels weird. I would have thought that the property can only be sold if everything is OK with it (no litigation, liens, etc), and taxes are owed by persons? Is it different over there?
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Re: Mapping homes you can buy from the US government for <$100k
#55A few years ago an apartment in my building was up for a foreclosure sale. Price looked good but turned out it was literally impossible to figure out (1) how much or the original dead beat's mortgage i would be on the hook for (2) tax burden and (3) unpaid coop fees i would owe. So even as finance save person already in the building, it was impossible to figure out what I'd be getting/owing. Really ruined my taste fo…
Years ago when I was thinking of moving, I started looking at houses with my real estate agent. I started asking about foreclosure sales and he said the same thing. Seller and seller's agent will try and obfuscate the numbers to make it look attractive and essentially "stick" the buyer with something that costs way more than its worth.
Re: Mapping homes you can buy from the US government for <$100k
#56[dead]
123,000 is still very cheap
Did you look at the $3000 house? https://govauctions.app/auction/hud-home-420-e-dayton-st-fli...
It needs to be torn down and rebuilt. It's not a large plot. It doesn't seem to be in an attractive location. For all we know the water is undrinkable. I suspect its true value is negative.
Re: Mapping homes you can buy from the US government for <$100k
#57A lot of these houses probably come with massive debt attached, so really buying any of these homes is a ripoff, even if you just wanted them for the land. You will owe way more than what you paid. This website would be more interesting if it actually showed you the true cost. As it stands, it’s clickbait.
Downvoted for breaking this guideline: "Don't be curmudgeonly. Thoughtful criticism is fine, but please don't be rigidly or generically negative." The "It's clickbait" comment at the end made me feel pain for the site buider, and I didn't even put any work into the website. They made a thing and put it out in the world. Some people like it: as evidenced by other comments here. That they mention the top of the price r…
I do not feel pain for builders anymore. Most of these projects are just AI prompted outputs. We can criticize much more sharply, as the effort spent is lower.
Re: Mapping homes you can buy from the US government for <$100k
#58[dead]
Re: Mapping homes you can buy from the US government for <$100k
#59Earlier quoted context omitted.
The clawing back of remote jobs is pretty astounding. More places are 3 days a week I guess. But the idea of living out in the country with no one around, but with your remote job is nearly fantasy. You have to be very sure that if push comes to shove, you won't ever be laid off, fired, company closes, etc.
Or...that you would be comfortable relocating if you did lose your job, helped by the buffer of savings you accumulated by not having to pay for your house?
Lets say housing appreciates +50% everywhere.
Your podunk home went up $50k.
HCOL home went up $500k.
Better deal would be to hold the expensive house.
Re: Mapping homes you can buy from the US government for <$100k
#60[dead]
$123,000 still not terrible if the home is worth 5 time that.