what are your benefits here? what are the comps? is she upside down, behind on payments? what's the current market value? does it need work(major or minor)? you need the answers to these questions before you decide to go forth on this. if the numbers don't make good sense then you don't make dollars. my coin.
The benefit is that i would own the home. There is no mortgage or loan balance. The current homeowner is willing to give me or deed me the property if i make her HOA payments and property taxes. The house will appraise at around $280,000.
please someone help me?
Thank You in adavance!
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