The Lead
Home owner is relocating and wants to sell 4 bedroom 2 bath 2,200 sq/ft house in good neighborhood.
Asking: $175,000
Amount Owed: $103,000
Repairs: none (he says)
After Repaired Value: $160,000
Max Offer: $104,000
I have two problems.
1. I cannot get MLS listings because my agent has quit. I have requested listing from another agent and I am waiting.
2. I have no money. I cannot come up with $100k+, maybe about $50k. I have no lender or investor lined up.
He said he was in No Hurry to sell, but entered $150,000 as the least he would take to sell fast.