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Updated over 13 years ago,
Short Sale Deal! What to offer!
Hello Everybody, I found a short sale, that already had a BPO of $90,000. It needs carpet and paint, so minor repairs and has all appliances minus washer and dryer. ARV is $95,000. So $95,000-10% for repairs equals $85,500. Then my three prices are $85,500 * 65%,75%, and 85% so $55,250 - $63,750 - $72,250. Would I be wrong to offer $58,000 and maybe close around $65,000?