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Updated 2 days ago on . Most recent reply

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Les Jean-Pierre
  • Investor
  • New York City, NY
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I received a Yellow Letter

Les Jean-Pierre
  • Investor
  • New York City, NY
Posted

Hi, I received a yellow letter and the person offered cash and the range was 85-100% of market value(just got it appraised). Am I missing something here? I thought the idea was to offer 70% of market value. I am in a hot seller's market however. I am not motivated but maybe the property is worth more than I thought.

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Henry Lazerow
  • Real Estate Agent
  • Chicago, IL
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Henry Lazerow
  • Real Estate Agent
  • Chicago, IL
Replied

Those people mass send those and will just waste your time and cancel if they are not getting it for a huge discount. Those offers are for suckers.

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