All Forum Posts by: Ed Soncrant

yesterday I noticed a house within walking distance from my house listed for sale, I checked it out and found out that it is banked owned and just went into foreclosure, It is listed for 100,000 less than what it should be.  what should I do next?  and how to find a investor to turn this house? Also in the same neighborhood another house was just listed as a short sale. same questions

It's time to move on, I did  the comps, even went as far as getting a friend that is a general contractor to give a price of $65,000 to repair the house. Average price for a house in that neighborhood is about $115,000. he wants $95,000.  well anyway thank you all for the response. This is a no brainer even for a beginner.

the owner wants to sell but thinks the value is double than what it is. I am new to this, I know if I come up with a way he will sell.