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Updated over 15 years ago on . Most recent reply

User Stats

17
Posts
2
Votes
Mark Paes
  • Millersville, PA
2
Votes |
17
Posts

Executors of Estates

Mark Paes
  • Millersville, PA
Posted

I had a deal come to me from an executor.
I would like to know if I should try to negotiate the price with him. His valuation after appraisal comes to 25k. Are prices with executors set in stone? Retail on this one is around 115k. Looks like 30 to 40k in repairs.
Can I use an option contract with an executor and do a flip?
Will he require earnest money?
I didn't want to ask him these questions and look like a complete noob :oops:

Thanks,
Mark

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