Updated over 7 years ago on . Most recent reply
Bank owned property
I am getting ready to move forward on a bank owned 4 plex. This 4 plex is about 4 blocks away from the beach. Nice boardwalk with a water and theme park. Restaurants, supermarket and all entertainment are all within walking distance. This property has potential. The property is a total rehab and is listed at $135,000. Been vacant for over 2 years and on the market for over 6 months. Will banks accept offers on a property like this or will they keep their list price locked?