would this work?
3br/2ba in new condition
Owner wants $5000
and take over subject to
1st mort- owes- 113k
2nd mort-owes- 28k
house is worth 163k with no repairs needed (only 5yrs old)
how can I make this work, or if i can?
would this work?
3br/2ba in new condition
Owner wants $5000
and take over subject to
1st mort- owes- 113k
2nd mort-owes- 28k
house is worth 163k with no repairs needed (only 5yrs old)
how can I make this work, or if i can?
You’d be at $146,000 for a house worth $163,000. That’s 90% of retail value, in a questionable market. I’d pass!
Mike
Your right. Thanks :banghead