Got credit?

Linked from a Zillow blog post, a house which has attracted a lot of interest… but is it the good kind?

There’s a note on the description saying “Buyer must provide bank prequal letter including credit review, copy of earnest money (min.$500) Cash offers must show proof of funds & copy of earnest money. There is a delay penalty of $100 per day charged to buyer if closing is delayed due to buyer/buyer’s lender.”

The house is for sale for $6,900.00. Less than seven grand. And they’re concerned about buyers getting financing.

I don’t think that’s a sign that “buyers are lurking” on the sidelines, waiting to jump in. I think that’s a sign that the internet loves a goddamn train wreck.