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Updated about 14 years ago on . Most recent reply

Is this a good deal
The property is in SoCal - suburbs.
ARV $380,000
repairs 15,000
costs for $, RE agents, closing $36,000
SUB $329,000
This is a REO, asking price $295,000. My thought is to offer $280,000.
Thoughts??
Overall the property is in good shape. Nice neighborhood. Updated homes are selling in 45 days.