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Updated about 10 years ago,

User Stats

105
Posts
10
Votes
Matt Ellis
  • Sumter, SC
10
Votes |
105
Posts

I think I have a deal here. What do I offer?

Matt Ellis
  • Sumter, SC
Posted

Seller has a Property that her son is in and not paying rent ( so she has to pay all the bills). She even said that she would have to go back to work to pay her bills ( she is retired).

She is asking $150,000 ( that is what she think it is worth but not sure.) I did a quick look online and it looks like it is worth about $135,000. It does not need any repairs. I have not got the Comps for it yet. 

She owes only $18,000 and pays about $1000 a month in PITI.

Do I have a deal here? What do I offer? 

It is a nice house is a nice neighborhood

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