Received our first listing alert for a house under $200K. (The previous low was $299K.) What kind of house in Berkeley would list so low? Well, the kind of house that's been empty for many years - judging by the graffiti artist who kindly left his name and the date on the large work he did on the living room wall - at least since 2003. I give the seller credit for actually publishing photos on the MLS site. Broken windows, graffiti, one room that just looks like a pile of debris, chest-high weeds - all this can be yours for the low-low price of $178K. Cash only, please.
I have recovered enough from our last failed bid to not even consider this. Scheduled to look at some actual possibilies on Friday.