I often times get owners who reach out to me on my website. This evening I got contacted by an owner who has a vacant land parcel listed for over $600,000. It’s been listed for a little over a month. I submit low ball offers to owners daily. Well, this owner is willing to accept an offer of 10 % of the 600k? I looked up the property and sure enough he owns it. It looks like he owned other lots in the area and sold them. We are going to be talking tomorrow about this deal. My question to you all is why would someone sell their property so low? At the 10% price the comps look incredible
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