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re: How much should I offer on a home I like? UPDATE
Posted on 1/21/13 at 7:15 am to wegotdatwood
Posted on 1/21/13 at 7:15 am to wegotdatwood
quote:
Owners are contacting them (relocation) tomorrow so maybe they liked the offer?
In your offer letter, there is a stipulation saying when the seller must let you know if the accept or decline/counter your offer. Usually around 48 hours.
I would have offered around $140k like others have said. If the owners were actually selling the house, I think your offer was about right. Since you are dealing with a relocation company, $140k is a better starting point since they usually won't take it personally a low offer and will counter.
Price of comps means nothing. $/Square Feet are what really matter.
This post was edited on 1/21/13 at 7:16 am
1
Posted on 1/21/13 at 11:10 am to polizei11
145k- $68 sq ft.
158k- $71 sq ft
166k- $79 sq ft
200k- $87 sq ft
207k- $82 sq ft
Our offer (should hear back before 5 pm today)
$73 sq ft, with closing costs. Fair offer imo.
158k- $71 sq ft
166k- $79 sq ft
200k- $87 sq ft
207k- $82 sq ft
Our offer (should hear back before 5 pm today)
$73 sq ft, with closing costs. Fair offer imo.
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