Re: that depends

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Posted by Heidi on November 22, 2004 at 17:04:43:

In Reply to: Re: that depends posted by NJDave on November 22, 2004 at 08:16:24:

"Either you can do your homework and make an offer thats suported by current market data... or you can
: pull numbers from a hat"

Thanks! I'm doing my homework, I have several similar properties and a list of flaws that need attention in this property.
I also have the fair market analysis and am picking up the sheriff sale info tomorrow as this is now through a realtor who won't disclose the information.
I was thinking 75% due to the condition and uniquness of the property. It is a very high end home but because of that highenders frown upon forclosures. This property is not something an investor would consider.
Thanks again Dave for your insight!

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Comments:
: "Either you can do your homework and make an offer thats suported by current market data... or you can
: : pull numbers from a hat"

: Thanks! I'm doing my homework, I have several similar properties and a list of flaws that need attention in this property.
: I also have the fair market analysis and am picking up the sheriff sale info tomorrow as this is now through a realtor who won't disclose the information.
: I was thinking 75% due to the condition and uniquness of the property.  It is a very high end home but because of that highenders frown upon forclosures.  This property is not something an investor would consider.
: Thanks again Dave for your insight!


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