Okay, I found a house for $399k or best offer and the seller stated it twice in their CL ad that they were very motivated. I looked at tax records and they paid $375k in 2007. Comps for the area in the past two months are between $197k to $312k. Currently there are two houses pending at $175k and $199k. Before I call this seller, what strategies could I use to get a hold of this property? The house is for sale or rent. I don't even know if it's feasible because they seem to owe so much, but how can I be creative in getting this property? Thanks for the suggestions.
Okay, I found a house for $399k or best offer and the seller stated it twice in their CL ad that they were very motivated. I looked at tax records and they paid $375k in 2007. Comps for the area in the past two months are between $197k to $312k. Currently there are two houses pending at $175k and $199k. Before I call this seller, what strategies could I use to get a hold of this property? The house is for sale or rent. I don't even know if it's feasible because they seem to owe so much, but how can I be creative in getting this property? Thanks for the suggestions.
KimmyJ