Hi! I checked out previous posts Re: abandoned homes and couldn’t find this question / answer. My good friend lives in a really wonderful neighborhood, there’s been a neglected and abandoned home next door to her for her a while. Long short: Friend told me the story, father / daughter lived there with no utilities for three years So I found the owner and am in contact with an attorney, I’ve done a lot of research and found that the owner and his daughter live in another state and according to my friend have no plans to return because he is elderly and has services there.
The home needs a ton of work. My dad is a contractor; he my cousin and I will gut the home and remodel it. I don’t plan to flip it.
I don’t want to make an unreasonable offer and was thinking 10% below assessed value would be fair. Thoughts?