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Updated over 8 years ago,

Donald Lanzer's profile image
Donald Lanzer's profile image
Donald Lanzer
  • from Santa Fe, New Mexico
  • Member since Aug 28, 2016
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User Stats

20
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6
Votes
Donald Lanzer's profile image
Donald Lanzer's profile image
Donald Lanzer
  • from Santa Fe, New Mexico
  • Member since Aug 28, 2016
Connect
Donald Lanzer
  • Santa Fe, NM
6
Votes |
20
Posts
General Real Estate Investing

Putting a offer on a foreclosure

Donald Lanzer
  • Santa Fe, NM
Posted
I'm looking at a foreclosure listing on Zillow for $180,000. It also mentions that the outstanding balance on the original mortgage is $145,000. Is it unreasonable to lowball this lower price or will the bank most likely laugh at the offer? Thanks!
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