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Updated about 6 years ago on . Most recent reply

Jeremy Bartlett's profile image
Jeremy Bartlett's profile image
Jeremy Bartlett
  • Rental Property Investor
  • from Anchorage, AK
  • Member since Sep 16, 2018
  • Posts 56
  • Votes 31
  • Experience 11 Yrs
  • Investments 4
Connect

User Stats

56
Posts
31
Votes
Jeremy Bartlett's profile image
Jeremy Bartlett's profile image
Jeremy Bartlett
  • Rental Property Investor
  • from Anchorage, AK
  • Member since Sep 16, 2018
  • Posts 56
  • Votes 31
  • Experience 11 Yrs
  • Investments 4
Connect
Jeremy Bartlett
  • Rental Property Investor
  • Anchorage, AK
31
Votes |
56
Posts
Buying & Selling Real Estate

Need Help Understanding Estate Sales

Jeremy Bartlett
  • Rental Property Investor
  • Anchorage, AK
Posted

Need help understanding estate sales. A duplex popped up that I am interested in as an owner/occupy.

It is listed as an estate sale priced $50K under tax assessment at $450K. The numbers really only make sense if I can get it between $385-$400K.

Is there usually wiggle room in estate sales or are they pretty hard to negotiate down? Would be using conventional financing at 5% down - would that be a problem?

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