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Updated about 9 years ago,

Kristal Greenhaw's profile image
Kristal Greenhaw's profile image
Kristal Greenhaw
  • Civil Engineer
  • from Oceanside, California
  • Member since Oct 1, 2015
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0
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Kristal Greenhaw's profile image
Kristal Greenhaw's profile image
Kristal Greenhaw
  • Civil Engineer
  • from Oceanside, California
  • Member since Oct 1, 2015
Connect
Kristal Greenhaw
  • Civil Engineer
  • Oceanside, CA
0
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4
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General Real Estate Investing

Lowest offer for $700k short sale in California

Kristal Greenhaw
  • Civil Engineer
  • Oceanside, CA
Posted

I'm looking at a single family house in SoCal that is listed on the MLS as a short sale for $700k. It just recently dropped in price from $745k. It has been on the market for 200 days or so. How low of an offer is appropriate for this type of sale? I know that Short Sales can take months to close, what are other problems with short sale deals? Any help will be appreciated.

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