Owner owes on property
So I have a owner who wants to sell his house and he says he wants $105k but he owes $70k his house maybe worth around $200k-$250k (not really sure) but its a complete disaster. Not to criticize the house but it looks like the junk yard literally When i passed by it I didn’t even know it was a house because of all the trash and junk piled around it honestly I don’t even know what the estimated repair cost would be so im not sure what to offer him can somebody help me out how does this affect the mao formula