Short sale questions
Good afternoon BP!
I had a question about a Short sale that I came across. I found a great property for $102k in my neighborhood, most houses in my area sell for about 170-190k. I was wondering if any of you were able to negotiate with a Short sale deal since it is a bank that owns the house and it might be harder to negotiate with them. It needs alot of renovations done to it, maybe new piping, ac, sheetrock work, it has some mold, needs updated kitchen and bathrooms, new flooring and paint. Is there a way I could negotiate with the bank to lower their price to sell to me since It needs alot done to it before I can rent it out? If anyone has any suggestions let me know.
Thank you very much.
Josh