[ Edited by Eugene on Date 01/06/2004 ]
LeGrand recommends this method.... (70% X ARV) - Repairs = Maximum allowable offer. You want to offer BELOW that and not a penny above. Offer as little as you think you might be able to get. Err on the low side rather than the high side. Once you offer, it's hard to lower that number.
Thank you habby76 rookie investor that info in very useful to me [addsig]
LeGrand recommends this method....
(70% X ARV) - Repairs = Maximum allowable offer.
You want to offer BELOW that and not a penny above.
Offer as little as you think you might be able to get. Err on the low side rather than the high side. Once you offer, it's hard to lower that number.
Thank you habby76 rookie investor
that info in very useful to me
[addsig]