Real Estate Investor · Anchorage, AK · Member since 2008 · 37 posts · 0 votes
yes, I have a short sale out if new york...
was purchased for 560, now the broker wants 400, and does any thing I should go with the 20% below the asking?
and where do I go for looking for the new buyer?
Thanks in advance..
What they paid and what its listed for doesn't matter too much.
What matters is your exit strategy. Fix and flip? Rental? Something else? Figure out which of those you're planning to to and the relevant parameters and then you can figure out what its worth to you. Finally, compare that to the listing price and see if its worth pursuing.