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Updated about 15 years ago,
A great deal...not quite sure
I got my first call from my posters I've been hanging on store bulletin boards. This guy has last his job 6 months ago and looking to sell his 3bd/2.5bath 1700 sq ft house in a newer subdivision in North Eastern Wisconsin. This home is 7 years old and is great move in condition. The FMV is $245,000 off the tax roll. Plus there is a new house next door listed for over a year and sits vacant as that home is listed for $259,000. The seller is looking to get 190,000 and owes $160,000 I'm planning to call him back tomorrow to offer my deal. I want to offer get this property under contract for about $175k or so
I need thoughts on strategy on presenting a lower offer on a new property like this that I don't really have leverage on fixing up the property.
Comments welcome