Short Sale Purchase
Hello,
My name is Dondi. I'm looking at a house in Gatlinburg TN. It will be used as a vacation home for us. It's currently on a rental. I don't know for sure yet if we will keep it on a rental for us yet. Mostly likely we will but that's not the main reason I'm buying it. That part is actually a plus for this specific purchase.
The house is currently sold as a short sale right now the price they're asking is hundred 40,000 it's hard to get comps in this area do two houses being different sizes different square footage so I'm going by the square foot what I'd like to know is if I can actually come down on the price that the bank is asking for do they normally take a lower price than what they're asking for I would assume so but I just want to check and if so how much lower do they usually go thank you in advance
Dondi