Quote:
Originally Posted by rusnak
It has to appraise for the asking price.
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But only if a loan is involved. There aren't too many houses on the market around here (based upon my casual observations), and they don't last long....and "cash is king" for houses in that price range...YMMV. Nothing wrong with a "low ball offer" imo....my buddy just "unloaded" one of his houses to investors for a price that I would have considered insulting. He was just ready to move on, simplify his life, and has no regrets either....he easily left 50K on the table in doing so.