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Updated over 6 years ago on . Most recent reply

Tiffany Miller's profile image
Tiffany Miller's profile image
Tiffany Miller
  • New to Real Estate
  • from Galax, VA
  • Member since Jan 4, 2017
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User Stats

23
Posts
1
Votes
Tiffany Miller's profile image
Tiffany Miller's profile image
Tiffany Miller
  • New to Real Estate
  • from Galax, VA
  • Member since Jan 4, 2017
Connect
Tiffany Miller
  • New to Real Estate
  • Galax, VA
1
Votes |
23
Posts
Buying & Selling Real Estate

Complicated Seller - Need Assistance or Advice

Tiffany Miller
  • New to Real Estate
  • Galax, VA
Posted

I have a motivated seller, he is very eager to sell his house.  However, it is an inherited house and there were liens taken against the house back in the day.  The amount that needs to be repaid for everything is more than what he is asking for the house.  

Amount Owed - $18.6k

Asking - $17k

Repairs needed - $60k

ARV - $115-120k

I do not know how to tackle this.  I would love any and all advice I can get.

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