Tear down condition
Tear down condition
A house that is purchased so that is can be leveled to make a space for a brand new home.
Tear-down condition
Tear-down condition describes a residential home that's meager in relation to its physical property location. The land is likely to have a high value because, as an example, it overlooks a fairway or lake. Buyers who can afford to buy the land would most likely demolish the old home and build a new one.