Potential Deal in Michigan
I'm in SC and I got a call from a potential seller who lives here now. He has a home in Western Michigan he's been unable to sell for over a year. He's got a 2000sf+ house w/ a pole barn on 2.5 acres appraised at $175k. He owes $143k on and had an offer of $138k on but he had to come up with $5k of closing costs which he doesn't have. Potential Subject To or Short Sale. I live in SC and not sure what to do with this potential deal yet. Any ideas?