Agents, bring your flashlight when showing this condemned home

LIVE NOW: Inman Connect San Francisco
Tune-in now to catch the livestream. Don't miss this chance to see real estate leaders tackle the industry's top problems.

When building inspectors in Ypsilanti Township, Mich., visited a 72-year-old, two-bedroom home to check out tenants’ complaints about its condition, they found “a crumbling foundation and sagging roof” indicating “the entire structure” was “on the verge of collapse,” The Ann Arbor News’ Tom Perkins reports.

They also found “serious electrical and fire hazards; mold; rotting subflooring; cabinets held up by two-by-fours; a refrigerator that was placed in the garage because the kitchen floor is too weak to support it; standing water; and much more.”

That was in 2012. Now the condemned house, vacant since last fall, is on the market for $35,000.

According to the listing description on, the public-facing site of the local MLS, Realcomp, the home’s “motivated seller” is offering a “great investment opportunity” to a buyer with “tools and ideas” and $35,000 “CASH ONLY! … SOLD IN ‘AS IS’ CONDITION! NO WARRANTIES! AGENTS BRING YOUR FLASH LIGHT WHEN SHOWING HOME.”

Perkins says building officials haven’t been able to contact the owner, who lives in Alabama. They say anyone who buys the home would be required to demolish it or bring it up to code, and that it’s probably beyond repair. Source: