Updated over 7 years ago on . Most recent reply
Need Help Understanding Estate Sales
Need help understanding estate sales. A duplex popped up that I am interested in as an owner/occupy.
It is listed as an estate sale priced $50K under tax assessment at $450K. The numbers really only make sense if I can get it between $385-$400K.
Is there usually wiggle room in estate sales or are they pretty hard to negotiate down? Would be using conventional financing at 5% down - would that be a problem?