Has anyone dealt with HomePath?

Question

Hi, everyone! This is my first post and first attempt at a rental purchase. As Brandon says “ we have decided to stop watching the videos and get off the couch!” My question is has anyone dealt with Home Path? We are making a 80% offer on their asking price. What’s the likelihood they accept with no other offers in the last 100 days? Any advice on what to look out for when dealing with Home Path would also be appreciated. Thanks

Joey

Joey Hicks · Answer

@Nicole Heasley Update on HomePath. I have made 2 more offers one at 90% and one at 95% list. Today I was told no again do to the current list price being 95% of appraised value. How ever if I wait until January 18th they will reduce again. Once again the government doesn’t make any sense. Their realtor told me,I am the only one who has looked at the duplex let alone make an offer since it went on the market. Time to move on and look for other deals.

Nicole Heasley Beitenman · Answer

Hi Joey! I don't have any advice for you, but we are looking at HomePath as well. I hope the BP community has answers for us!

Nicole Heasley Beitenman · Answer

@Joey Hicks They must really want to keep that house. What a joke!

Nicole Heasley Beitenman · Answer

@Joey Hicks Thanks so much for letting me know! Banks make such horrible financial decisions. They'll lose more in holding costs than they would have if they had just accepted your offer.

Joey Hicks · Answer

@Nicole Heasley update on dealing with Home Path. So I made an 80% offer on the property to close in 10 days. Paying cash with only wanting an inspection in case there is asbestos and/or foundation issues. They countered with full list price.🤔I guess I was wrong on them accepting lower offers. 🤷‍♂️Either way I’ll be leaving some of my money in the house after the BRRRR. But at full price it’s close to $30,000. I can buy another house less than that. 😩

Has anyone dealt with HomePath?

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