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Updated over 8 years ago on . Most recent reply

User Stats

10
Posts
6
Votes
Doyle Wilhoite
  • Wholesaler
  • Portland, TN
6
Votes |
10
Posts

Possibilities??

Doyle Wilhoite
  • Wholesaler
  • Portland, TN
Posted

Hello I am wondering what my options are with this potential deal.  The owner is forced to sale due to a divorce.  The house is 1780 sqf.  It has 3 bedrooms and 2 1/2 baths.  It needs updating.  The owner owes 113,000.  The house comps at 135,000.  The only option I can think of would be a cooperative lease option, but the owner would have to check with his attorney to see if that would suffice the court ordered sale requirement.  Thank you!

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