New Orleans, LA 70126,

$5.00

The homeowner is open to a sale at the stated price of 65K for a vacant two-bedroom in need of major renovations, suggesting there may be room for negotiating a discount off-market. They have no mortgage, so there is potential equity. However, their motivation is moderate: they will sell only if the offer meets their expectations. This mix of vacant property and only medium motivation puts the deal in a gray area. 1. Property needs total restoration, good for investors. 2. Seller might be flexible but not deeply motivated. 3. No mortgage implies potential equity. 4. Timeframe (30 days) is promising but they are optional about selling.