Looked up house to see it was appraised for 27K %26amp; talked to the trustee to find out he wants to sell it for 50K-65K. I really can't see what work he has done to raise the price that much. If that is the case I should buy it %26amp; finish everything myself. Just curious?Why do you caution buying a home from For Sale By Owner?
for you to get a loan the house has to be appraised at or below the price
your paying for the house. no loan co. is going to loan you more than its worth.
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