330 FMV purchase 215k SFR 3bd/2ba

[Jennifer W.]

Would like to hear your thoughts in a deal I have been negotiating for a couple of weeks. it's a short sale and does not need much repair at all. The FMV is a pretty conservative as the recent comps are 366k.

Listed at 269k
originally offered 185k
Bank countered 235k
I countered 210k
Bank 215k (but not nec accepted...they are playing games)

$330000 ARV
40000 end buyer profit
8600 closing
8000 hold
10000 repairs (high balled)
10000 my profit
5100 private money
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248300 top offer
-215000 purchase
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33,300