Thursday, February 7th, 2008
According to our current deal, property #10036 should appraise for $117k and I told everyone I could get it for $79, 500.
Here is the deal as it stands today:
Agreed upon price – $74,600
Appraised price – $113,000
As you can see, I was successful in talking them down by almost 5 thousand, however, it is worth 4 thousand less than expected. Hopefully, we will be closing tomorrow.
Next, we have to flip the property!
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Looks good. Good luck trying to sell this property in this market!
[...] – I will have another update on our “deal in progress” before the end of the week. Digg, StumbleUpon, [...]
[...] As promised, I am updating on our first deal. [...]