I need some guidance please. I have cash buyers who offered $50,000 for a two family condemned and uninhabitable property. Originally OCWEN wanted the buyers to increase their offer to $67,000 based on a drive by valuation. I proceeded to inform OCWEN that the property has been condemned and uninhabitable per the City. I've sent them pictures of the outside of the property and the posted condemned notice. I've also emailed a list of the violations from the city plus I have informed them that the city is about to re-zone the property from a two family to a single family and if that happens the buyers will no longer be interested in the property and that they may get even less for the property if anything at all. They contacted me today stating that the valuation came in at $54,000 but they would like $59,000. I don't think that they even considered the repairs. What can I do? Any advice would be appreciated. Thank you.
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You can email there escalation team for assistance. [email protected], or [email protected],.. wish you luck.
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