Posted by Tim Fierro (Tacoma, WA) on July 04, 2002 at 12:05:39:
Determine FMV of the property and days on the market first to see if this is possible. If the 200k is the FMV, how long is “just hasn’t sold”? If that time is longer than the average days on the market for that area, 200k may not be the FMV.
Work the numbers, and the days, as you don’t want to try to sell a property for $200k if it isn’t worth $200k or you will be wasting time and money.