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re: How much should I offer on a home I like? UPDATE
Posted on 1/18/13 at 4:59 pm to wegotdatwood
Posted on 1/18/13 at 4:59 pm to wegotdatwood
How bad do you want it? You probably could offer less, but if you really want it then you dont want to risk insulting the seller. It is def a buyers market though so if you could take it or leave then I think shoot low.
4
Posted on 1/18/13 at 5:04 pm to TyOconner
quote:why not? it's business, nothing personal.
you dont want to risk insulting the seller
if the house is 160K and needs 20K in repairs/updates, I would offer far less than 150K. In fact, if I liked it, I would offer 130K explaining that I am anticpating another 20K out of my pocket. All they can say is no.
I'd also like to know the appraised value of the house, that would definitely factor into what to offer.
Posted on 1/18/13 at 5:05 pm to TyOconner
We want it badly. It's mentally our home.
I don't think it's insulting due to the repairs needed.
The location is nice, too.
I don't think it's insulting due to the repairs needed.
The location is nice, too.
Posted on 1/18/13 at 5:48 pm to TyOconner
quote:
It is def a buyers market
My buyers lost two homes this week that went on MLS Tuesday and yesterday because they couldn't view it until weekend. Where I live, it's a sellers market. Return Of The Specs!
Posted on 1/22/13 at 1:07 pm to TyOconner
come in at $125K
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