Updated almost 19 years ago on . Most recent reply
Default balance vs list price
I am looking at an REO property listed w/ an agent for 388,000. I found that the home had a 83,000 balance on the original mortgage. I'd like to make an offer but I'm not sure what offer to make. Do you think it at all possible that this home could sell for 100,000 or less? Or am I just dreaming?