Exactly how much do you think that the residence is truly worth in that problem? And some other matters. I don't know why a home proprietor is likely to be hesitant to reveal exactly how much they owe on the home they are attempting to SELL
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I'd personally by no means utilize that method into a $500K house. Can be more like 80% to eighty five% of ARV additional like 500K x .eighty five = 425K - 20K = 405K. Nobody is going to look at this site choose $305K for the $500K House needing $20K in repairs but maybe to not have the effort and all the selling headache and expenditure $405 Is closer to whet they'd get anyway after they make repairs and spend the real estate agent $30K Electronic mail ME : angel.financial email@example.com
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