We are looking and helping a friend with house-hunting.
We recently came across a house that is listed for $500K. It was originally $560K. The bank owns it. The house needs some work, appliances, etc. How low can you make an offer considering it needs around $50K of work done? Homes in the area have sold for $650-850K range, but the market is soft right now for luxury homes.
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Tags: Appliances, Luxury Homes, Reo









