Foreclosure in 23063>Question Details

karahita, Home Buyer in Rhinebeck, NY

if the asking price of a foreclosure is 174,900 and I make an offer of 120,000 cash will it accepted?

Asked by karahita, Rhinebeck, NY Wed Aug 8, 2012

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3
List prices today are all over the board. Look at recent sales of comparable properties to determine current market value. You should be able to obtain some discount to market value for your all cash offer.
Good luck,
0 votes Thank Flag Link Wed Aug 8, 2012
That is 31% below listed price. Cash means little really so I doubt you'll get it.
0 votes Thank Flag Link Wed Aug 8, 2012
Probably not. However, we don't know the details of the property you are talking about.
0 votes Thank Flag Link Wed Aug 8, 2012
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