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Started By
Message
Foreclosures - bank/realtor says 410k...
Posted on 6/26/12 at 5:19 pm
Posted on 6/26/12 at 5:19 pm
what do you think they'd take? Obviously there are variables that make each situation unique but just looking for a rough figure on how much to offer.
5
Posted on 6/26/12 at 5:42 pm to Robin Masters
what do the comps tell you?
Knowing nothing, I start at 325k
Knowing nothing, I start at 325k
Posted on 6/26/12 at 5:53 pm to Robin Masters
What did they bank pay at auction for the house?
Posted on 6/26/12 at 6:13 pm to Robin Masters
Find out what is owed on it. Then ask if the bank would do a short sale(take less than what is owed on it). Get your realtor to run comps, estimate the amount needed for repairs and so forth, and offer low. Hope for the best
Posted on 6/26/12 at 6:18 pm to The_LD
I dont care what they say, yall are ok! I'll keep you posted.
Posted on 6/26/12 at 6:40 pm to gizmoflak
quote:
Knowing nothing, I start at 325k
This pretty much captures the essence of the Real Estate advice given by much of this board.
Its terrible.
So are the rest of the post in this thread.
This post was edited on 6/26/12 at 6:41 pm
Posted on 6/26/12 at 6:45 pm to Robin Masters
Did they price it low to attract a bidding war, or did they overprice it expecting to be low-balled?
What do the comps look like? (price/sq ft)?
What do the comps look like? (price/sq ft)?
Posted on 6/26/12 at 6:45 pm to MoreOrLes
quote:
This pretty much captures the essence of the Real Estate advice given by much of this board.
Its terrible.
So are the rest of the post in this thread.
Becuase your post was just fricking fabulously helpful, right?
The guy gave virtually nothing, so the advice was based on nothing.
Posted on 6/26/12 at 7:04 pm to TheHiddenFlask
I didn't even give advice. All I did was ask a question. Tough crowd in here.
Posted on 6/26/12 at 7:58 pm to Robin Masters
offer 450k
shock the world
shock the world
Posted on 6/27/12 at 12:19 am to TheHiddenFlask
quote:
Knowing nothing, I start at 325k
This pretty much captures the essence of the Real Estate advice given by much of this board.
Its terrible.
So are the rest of the post in this thread.
quote:No it wasnt but it obviously was not meant to.
Becuase your post was just fricking fabulously helpful, right?
quote:
so the advice was based on nothing.
Which was my point.
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