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Updated over 11 years ago,
What would you do?
Situation, have contract for an REO asking price was 148,000 it was an Auction and I was the winning bidder at 100,000. Realator calls me and says he has a buyer willing to pay me 140,000 cash the day I close. The house is a mother daughter needs a little cosmetic work house sold in 2007 for 398,000. What would you do keep house rent it out and hold for a year or take the forty thousand or ask for more. Just wondering everyone thoughts.