Deal Analysis

[Virginia H.]

Okay, my first dive in.   Yes? No? Maybe?

Foreclosure.  Asking a bit over $100,000.  Can probably get for $98,000.  Needs approx $12K to $15K in refurbished.  Nothing "to" major. Contractor 3 weeks for market ready is a very reasonable expectation. Average time on the market in this area is 90 days.  Can sell for at least $140K to $150K -- probably closer to $140K

Realtor commission: 6% Other fees and inspections - approx $650.

No clue what taxes are going to be ... Still trying to figure that one out.

Input? Advice? Feedback?