No. of Recommendations: 0
It is a big decision and unfortunately it is hard to make an informed 'call' with only limited info.

So, for what's it's worth...

The fact that the furnace is out makes me nervous. Obviously the house in unoccupied. Is the owner so strapped that he can't pay for a furnace repair? Also, I am thinking (hopeing) you are down south some what because if not then the plumbing may be damaged without heat in the house during the winter. Who is paying to fix the furnace? (owner without cash and looking to get it fixed as cheaply as possible?)

Obviously, it is great that the neighbors houses are higher in value, but with only ~49K seperating this house from next and there being already at least 5-8K in repairs, the 'gap' may not be as big as it seems.

Bottom line, it sounds like you have a 44-41K bargin less any additional cost of bringing this house up to the neighbors.

Rahm
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