atie has decided to move forward with attaining the property for Total Assessed value: $$234,500$

Annual taxes: $$3,440$

However, she is not certain how to go about financing the property, either through a short sale offer or if she were to make the purchase at auction. Additionally, she needs to also consider the expenses associated with renovations and how to cover those expenses.

Using the time value of money concepts, evaluate your options and review the differences in expenses associated with each funding option.

Based on your research, analysis and knowledge, what financing model would you recommend Katie use for this property?