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Updated about 9 years ago on . Most recent reply

User Stats

77
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7
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Lisandro Garcia
  • Investor
  • Camden , NJ
7
Votes |
77
Posts

Buying a forclosure

Lisandro Garcia
  • Investor
  • Camden , NJ
Posted

So I have been looking at a property for about 6 months. It was first priced at 45k which I thought was very overpriced . Giving that it's next to 2 vacant properties and is in a B area of rent value (Imo) anyway the property's has reduced to 30k and it's still on the market I was considering making a low ball offer of 15-18k  . I don't want to go to low but also I feel like the bank wants this property off there hands ASAP .. Any advice on what should I do ? Thanks in advance 

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