I Have located a house that has been sitting for 8 months FSBO and by talking to the owner his family moved out of the house and the owner is waiting for the lender to reconstuct the mortgage.has not made a mortgage payment for 8 months,and the owner said if they don't reconstuct the mortgage it will end up as a short sale.Here are the numbers.
ARV 209,000 by web sites
My own research has at 187,000 by local comps.
I want to try a assignment deal but do not know if this is possible for this type of FSBO,Any idea's DG family?
Dare yourself to fail!