Re: that depends
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!
