I'm looking at an REO property, and I cam across something and have no idea what it is. it appears to be a green pipe pipe in the ground that is open on top. It's on the side of the house, and there is a slight impression in the ground near the pipe …. There is relatively new fuel oil tank in the basement, so perhaps it's where they removed the old one? i really have no idea, but it seems strange and I was just wondering if anyone has an idea
Best Answer
Try picking it up.
No, really, are you sure it's actually connected from something? It looks like a leftover piece of material that was leaning against the structure until it got kind of stuck in the ground.
Maybe it's a random piece of junk stuck into the ground by another bidder, to trick the current holder into accepting a lower price. If this proves to be the case then you should draw cracks on the windows and bid even lower.