If I'm right about this: When you find some properties in your area, and then find out the FMV. How do you come up with discounted price that's right for both parties? Lets say a home FMV 120K and they are selling it at 104,900. They owe 80k on the property. Now, we take every thing into consideration such as exterior and interior (roof,foundation,walls,doors,basement etc..) to come up with a repair cost sheet if their some at all. Another example:If the property was a REO and the FMV was 120K but and the bank was selling it at 'AS IS' for 80K but only has a 50K lien on it do we offer 30-50% off that 50k or what. Can some one help me with this one.
"I used to say, "Things cost too much." Then my teacher straightened me out on that by saying, "The problem isn't that things cost too much. The problem is that you can't afford it." That's when I finally understand that the problem wasn't "it" - the problem was "ME!"--Jim Rohn