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re: Did My Sister Get Ripped Off (Home Purchase)

Posted on 5/9/13 at 11:41 am to
Posted by jsquardjj
Member since Oct 2009
1318 posts
Posted on 5/9/13 at 11:41 am to
quote:

That's great that it worked out for you, but do you think that the seller would have even counter offered you if he received another offer on the same day for $55K more? Also, the OPs sis wasn't looking at a 55K savings like you. If its a decent market the seller may have come down $5K. Sometimes the piece of mind is worth it if you can avoid haggling for days while risking losing a home you like.



All true. I guess it just depends on how much you like the home and how many other people were looking at it. Like I said, finding your dream home the same day as an open house would be a different story. In most situations though, the seller does not land two offers in one day.
Posted by sandjunky
In enemy territory
Member since Dec 2007
442 posts
Posted on 5/9/13 at 8:24 pm to
Speaking of homes...mines on the market currently...basically asking what I bought it for....get my first offer today after 12 showings the first 2.5 weeks...

They offer 15K below list (which was low end of my average BMA) plus 5K toward closing..warranty

My counter is 10K below list and zero toward closing plus warranty....meeting them halfway....

Reasonable?
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