Whats your opionion?

[Dhane Crowley]

I have a lady who needs to sell her house.

ARV: $540k
Loan Amt: $591k
Mort Payment: $2400

Obviously, she is upside down. I was thinking she is going to need a short sale.

I would offer to buy around $327K (cash).

Now, she is wants $40k to take the house off her hands, that she will seller finance, and she will also pay the 1st years mortgage.

What do you think a good offer would consist of, if one even exist?