is it just nerves?

[Jesse Andrews]

Possibly I'm just seeking reassurance, but here goes.

My marketing has brought me a house listed on the MLS for over 400 days now. The seller inherited the property and wants it gone. It needs a good amount of work (biggest issue: new septic system on a low water table area)

Anyhow, comps are hard to pull, but other similar properties sold for 190k in good condition.

I estimate the ARV somewhere around 175k, the repairs around 55k, and i can get it for 75k (remainder of the mortgage)

she is WAY past due on the mortgage and needs it gone.

What do you think? Is my hesitation just based on the first time wholesale contract?

Thanks!