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Real Estate Deal Analysis & Advice
Account Closed
  • Fishers, IN
1
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Indianapolis bank owned on Meadowlark

Account Closed
  • Fishers, IN
Posted Jul 28 2014, 12:31

I made an offer on a bank owned, 6142 Meadowlark, in Indy.  4bd/2ba.  1274SqFt.  My offer is at $40K.  I didn't expect anything to come from it since they asked for highest and best, but they countered at $41K.  It is my first offer so I'm surprised.  I am looking to hold it as a rental for $800/mo.  

Why would they counter at only 1K more?  Are they playing some kind of game?

What are your thoughts on this particular area?  The listing says Lawrence schools, but from what the school boundary map shows, I believe it's IPS.  

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