Updated over 11 years ago on . Most recent reply
is this deal workable?
working with a seller who would rather sell his condo cash than list it. I told him I could buy it feom him. He wanted to get 40k for it at first but I negotiated down to 35k. The average sale price of 1/1 condos in his subdivision sell for around 41-42k. He bought the condo in 2010 for 30k and it is in good repair. And free and clear. Would only need around $2700 to update appliances. He doesnt want to go lower than 30k but is anxious to sell. My question is do you guys think this deal is workable? The highest condo sold for 67k in april