Free Foreclosure Listings, HUD Homes at 50% of Current Value
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Asking price has absolutely nothing to do with FMV (Fair Market Value). As an investor you should never pay FMV or asking price even if the asking price is lower than FMV. If the asking price is below FMV there has to be a reason.
The better investment is whichever house has a more motivated seller. The more motivated the seller is the bigger your discount will be from FMV.
KevinDR1987 1 year ago