Ocean City, NJ · Member since 2016 · 1 post · 0 votes
I am looking at purchasing a vacation home with cash. The seller purchased it for $495,000 six weeks ago and recorded the home as two separate units (condos). The bottom floor sold for $320,000 and the upper floor is list at $334,000. However, it needs extensive work to be considered "updated".
I am offering $300,000 cash with agreement of the inspection.