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Updated over 9 years ago,
Time to let it go?
Right now, I have a property under contract to wholesale out to a Cash Buyer/Investor.
It is a Pre Foreclosure set for a month from now... It is listed in our deal area as well so here goes...
Amount due to the Bank: $179,000
Seller would like $4,000 - he's retiring and decided to stop paying so he's 13 payments behind.
I have it listed at $195,000
Comps are coming in from $220,000 and up to $285,000
I wish I could subject to and sell it on the MLS myself but we're in a time crunch as we're relocating.