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Updated over 5 years ago on . Most recent reply
Preforeclosure with equity - is there a deal?
Chicago burbs -
Have a property in great condition , great location :
seller Asking : 250K ;
home in default , preforeclosure ,
outstanding Loan: 178 K ,
house worth about 260K
Motivated
is there any way to make a deal ?
Not familiar with preforeclosures
Most Popular Reply
Wayne Brooks
#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
All depends on what the seller is willing to accept......sounds like he’s asking about the right price.