My first contract!!!!!!

[Keacha Starks]

Hey everyone, ok so I got my very first contract and I need to know if i got everything correct and where to get more buyers?

Ok so it's a 3bd, 2.5bath, 2car garage, and a working like new fireplace(owners don't use it) in a Great area. Realtytrac says its worth $157,000. The owners bought it in 07 for $163,000. They are in pre foreclosure. The house has been well kept. It needs basic stuff paint and new carpet. The baths and kitchen could use an updated but its not a dire need. I got the house for $102,500. My out is subject to appraisal approval. The comps have me stumped.

House in the neighborhood have sold anywhere from $190,000-$300,000. But none meeting all the criteria (10% of sqft, not crossing major boundaries, and sold in the last 90 days). So with that I have no idea what to sell for or what the ARV is? Please help.