Need an idea on property value - Distressed seller

1 Reply

Hey everybody, my grandfathers home has a reverse mortgage on it and I'm wondering if the value is enough to sell either to a wholesaler (ideally for fix/flip) or to anybody else.  There's a lot of deferred maintenance and it's a really old neighborhood.

It's just south of Reid Park Zoo on 29th.  It's about 1250sqft 3 bed/1 bath with in inlaw suite out back.  Probably another 250sqft.

I don't work that far south, so I'm no expert.  I believe it's worth maybe $130k on a GREAT day.  This is either being sold or being left to the bank very soon, so quick responses are great.

Hey Scott, I'm looking to purchase a rehab. I'll shoot you a message. 

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