Retiree wants FMV on clear property?
How do you do deals on a property that has no mortgage (Free & Clear) but the owner wants market value? This is close to the third property where I've been tempted to do the deal as a realtor because there's not much space between the Seller asking price and the Market Value. Any way to do a deal on a property with small %Equity
Case:
Seller asking price: $250k
ARV: $260k
Mortgage: $0 [Owned Free & Clear]
Repairs: Minimal ($5-10k) to put in pristine condition, Property is move-in ready