I have a possible deal where the seller is asking $190k for a 3bed/2bth home in a good part of the city.there have been 11 sales in the past year, 5 in the last 6 months,with an average sale of $233,150. Rent is in the range of $1200. And from what I can see the propert doesn't need to much work, probably newer appliances, a touch up of paint(im goin in for another look with my contractor).
Now if it is REO, I'm think Land Trust, so I can assign rights over. If not then just and/or assigns. But I want to know what is a suggestion of an offer I should make.
Thanks for your help family.
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