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Updated over 11 years ago on . Most recent reply

Naseera Mohamed's profile image
Naseera Mohamed's profile image
Naseera Mohamed
  • from Jersey City, New Jersey
  • Member since May 28, 2014

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56
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Naseera Mohamed's profile image
Naseera Mohamed's profile image
Naseera Mohamed
  • from Jersey City, New Jersey
  • Member since May 28, 2014
Naseera Mohamed
  • Jersey City, NJ
11
Votes |
56
Posts
Foreclosures

What is the opportunity in this?

Naseera Mohamed
  • Jersey City, NJ
Posted

Situation :

A seller just called-He owes 3 years mortgage on the house -68K.

He wants 3K in his hand . Wants 71K as price total, as it is still not foreclosed upon .

What do I do -how can I negotiate this deal into something profitable? Can I go and negotiate with his bank?

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Matt Devincenzo's profile image
Matt Devincenzo's profile image
Matt Devincenzo
  • Investor
  • from Clairemont, California
  • Member since Nov 25, 2011

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Matt Devincenzo's profile image
Matt Devincenzo's profile image
Matt Devincenzo
  • Investor
  • from Clairemont, California
  • Member since Nov 25, 2011
Matt Devincenzo
  • Investor
  • Clairemont, CA
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Matt Devincenzo
  • Investor
  • Clairemont, CA
Replied

Bigger question...What's it worth? 

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