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re: How much should I offer on a home I like? UPDATE
Posted on 1/18/13 at 5:39 pm to Lou
Posted on 1/18/13 at 5:39 pm to Lou
quote:
why not? it's business, nothing personal.
Because the sellers may take an offer that they consider extremely low and decide not to negotiate further. A low offer should be reasonable enough to instigate further negotiations to be considered as a serious offer. Believe it or not there are people that just go around with ridiculously low offers from house to house in a buyers market hoping someone is desperate enough to sell.
1
Posted on 1/18/13 at 5:42 pm to VABuckeye
I have made those offers with intentions to flip the house. Never got any bites cause the offers have to be freaky low to hedge against the risk.
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