Posted by Brian, WI on March 14, 2001 at 15:15:27:
Thanks for responding Sue, I appreciate it.
As for the market, there are similar duplexs listed anywhere from about $75,000 to $120,000 (big span I know). I had also spoken with the sellers (Power of Attorneys) brother and he gave a $90,000 price off the top of his head. Again there is no rental history, but I would think I can get at least $575 for the lower and $500 for the upper. I know with those rents, $90,000 is way out of line, I think it would have to be more like $75,000.
I thought I could, and still can avoid the agent, since I spoke with the seller before she contracted with the agent. The seller also said she is only going with a 30 listing. I may take my chances and ride that time out, or call the seller back to get a better feeling of how flexable they are.