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Updated over 11 years ago,
Writing an offer tomorrow!
I am planning to make an offer tomorrow on a REO single family property. Just wanted a few helpful tips or things to think about if you guys have any!
It's listed at $69,900
It's valued at $90,690
It's a 4br1ba, 1500 sqft. home with an adjacent lot included with a dbl garage and a single garage both detached.
Taxes are $1,290 good neighborhood
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Needs all appliances stove/fridge/washer/dryer
A couple windows in one of the bedroom need replaced
Needs new paint and carpets throughout
Has a patch missing on the garage roof
Needs a new sink in kitchen (it's leaking)
Has small mold spot on ceiling in bathroom
The basement has carpet on all the walls? It smells
I plan to offer $57-$62k is that a reasonable offer? I want to make it contingent on inspection and financing do they typically accept deals like that? Any other tips would be helpful!