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Suzy Lee
"When it comes to Real Estate - it all about You with me."
- 8 Helpful Answers
- 6 Answers
- 1 Blog post
Experience:
Realtor for Greater Alexandria Area Association of Realtors
February 2004—present
Board of Directors, CE Education Committee Chair - 2008 & 2009
Board of Directors, CE Education Committee Chair - 2008 & 2009
Member for Minnesota & National Associaiton of Realtors
February 2004—present
Active Member
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Active Member
Specialties:
I specialize in residental sales.
Certifications
& Awards:
& Awards:
Realtor of the Year Award - 2009
About:
I've been in the Real Estate business for years and years - both as a Buyer and a Seller. I know how the experience feels. And I know how important it
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Suzy Lee answered:
As a Realtor who's dealt with a few foreclosures - I think most of your answer is in your last line "we really want this house". I'd suggest making your offer at the $71,000 - BUT - be prepared to go the bank's asking price - IF you turlly want this house. Talk to your local lender and be certain you can qualify for an additional $30,000.to meet the asking price of $99,000 or $95,000.
Now - what about the cost of bringing the house back in good shape. You mentioned plumbing and there's possibly a few other things you'll want to do. Are you prepared for those expenditures?
It can be surprising what some of the bank will accept - so try your offer of $71,000. There's only two things that can happen. They can say NO and you have to make another decision as to whether or not you up your offer . . . . or they can say YES - and you'll move forward from there. In shoret - GO FOR IT.
Now - what about the cost of bringing the house back in good shape. You mentioned plumbing and there's possibly a few other things you'll want to do. Are you prepared for those expenditures?
It can be surprising what some of the bank will accept - so try your offer of $71,000. There's only two things that can happen. They can say NO and you have to make another decision as to whether or not you up your offer . . . . or they can say YES - and you'll move forward from there. In shoret - GO FOR IT.
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