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Updated over 11 years ago on . Most recent reply

User Stats

56
Posts
11
Votes
Naseera Mohamed
  • Jersey City, NJ
11
Votes |
56
Posts

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?

Most Popular Reply

User Stats

3,197
Posts
2,712
Votes
Matt Devincenzo
  • Investor
  • Clairemont, CA
2,712
Votes |
3,197
Posts
Matt Devincenzo
  • Investor
  • Clairemont, CA
Replied

Bigger question...What's it worth? 

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