Determining Short Sale Offer Price
Hi everyone!
First time buyer here looking to capitalize on a short sale. They say I can't go look at the house but that my offer is subject to inspection (so I can back out if I see something I don't like I guess?)
I have an opportunity to get a house for well below market value, but not sure the strategy on how to put in an offer; don't want to go too high but don't want to go too low and lose the bid either.
Also wanted to see if there were any contingencies or things I should include in my offer such as when tenants need to move out, relocation fee, what happens if I find liens on the property, etc? Any input would be greatly appreciated.
Any other questions or preparations I should have that the community thinks is essential?
Thanks so much!