Asked by Maria, Davie, FL • Thu Aug 14, 2008
Hello, All these posts have been very helpful.
I am looking to make an offer on a bank owned property. I was thinnking of going 10-20% below the bank's proposed value because the house needs a considerable amount of work; a similar house was sold nearly 2 months ago for 5% above, my would be home bank's proposed value.
My question is: Will my offer be (juicy) enough for the bank to consider? taking into consideration the house has been closed for a year without electricity, and the previous owners left a lot of damage behind.
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