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Question
I found a property selling for $175,000. Has a mortgage balance of $125,366 and equity of $133,306. The house is worth $258,672 according to the EMV. Two buyers backed out of the deal after realizing the house needs major repairs. I see a nice spread here but does any of you think I should promptly get it under contract and for how much? And how much would you pay for it if I assign it? Thanks
1 like โ€ข Jul 9
do you have pics of the home? what are the major repairs? would the owner consider short sale because of the major repairs?
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Mr cecil Tavares
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4points to level up
@mr-cecil-tavares-2488
yes!

Active 165d ago
Joined May 5, 2025
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