Reply #51: Home sales in the county were and still are awful.

[Blue Diadem]

When his home went to auction it was the bank that bid on it, bought it for IIRC, starting bid of $33,333. Even at auction with such a low starting bid, there was no competition. It was appraised at 50,000 according to the Sheriff's website and according to the real estate tax page, it was valued by the county at somewhere in the $90,000's.

I know his area pretty well and the road he's on is high traffic/both trucks and autos. Even when times are good, it can take a long time to sell a home on that road.