Dude! Just a simple question, I came upon a home in Florida that originally went on the market for $149,000.00, now its at short sale for $49,000.00 - what is the guidelines is far as value when making an offer m- would it be smart to ffer 60,000? or more? So you make sure you get the home - or offer lets say, 50,000? Or less?
Your offer depends on many variables. For instance, your exit strategy & the market that the house is in, the amount of repairs needed, are you buying cash or using conventional financing. Why would you offer more than the asking price in a buyer's market? There are an abundance of good deals, however you must do your homework before you buy. I hope this helps. Keep in touch...
Dude! Just a simple question, I came upon a home in Florida that originally went on the market for $149,000.00, now its at short sale for $49,000.00 - what is the guidelines is far as value when making an offer m- would it be smart to ffer 60,000? or more? So you make sure you get the home - or offer lets say, 50,000? Or less?
demolitionbarbiedoll 1 year ago
Your offer depends on many variables. For instance, your exit strategy & the market that the house is in, the amount of repairs needed, are you buying cash or using conventional financing. Why would you offer more than the asking price in a buyer's market? There are an abundance of good deals, however you must do your homework before you buy. I hope this helps. Keep in touch...
REIWired 1 year ago