Qs: This 4,782-square foot brick mansion for only $165,000 on account of it being a forecloser??????

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Real estate in the boondocks of upstate NY has always been cheap. If the house does not show well and needs a lot of work, that price isn't totally out of wack. On the other hand, property taxes of $11K are very high for upstate NY and would be a key factor limiting the sale. Similar size houses in lots of places in upstate NY have property taxes half that or less. Without actually seeing it and knowing the situation of the town it's located in, it's impossible to reach any conclusions.
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On Apr 3, 3:06 pm, snipped-for-privacy@optonline.net wrote:

Any house 160 years old is a money sink unless you can do all the repairs/upkeep yourself. It's bad enough with a 60 year-old house!!!
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hr(bob) snipped-for-privacy@att.net wrote the following:

It depends upon what repairs and renovations were performed by the owner(s). but, the more important thing is... Location, Location, Location.
--

Bill
In Hamptonburgh, NY
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