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want2beamom
Love my boys soooo much!!!
Member since 8/06 10164 total posts
Name:
True love doesn't end with happily ever after...
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What offer?
We are looking at a house that is selling by owner. A couple of months ago, they were asking $350. I know the market has dropped since then. I read today that this is the worst it has been. So, what do you think is a good offer to start with?
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Posted 10/31/06 6:50 PM  |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
Tine73
Member since 3/06 22093 total posts
Name:
*********
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Re: What offer?
I would start with $325K
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| Posted 10/31/06 8:45 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: What offer?
is the house still on the market?
and is the price still $350K?
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| Posted 10/31/06 8:54 PM |
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SummerBride05
LIF Infant
Member since 1/06 76 total posts
Name:
Maria
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Re: What offer?
Start at 300k!!
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| Posted 10/31/06 10:42 PM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: What offer?
Posted by SummerBride05
Start at 300k!!
I agree - definitley with a FSBO too - they arent paying a realtor - and they will definitely counter.
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| Posted 10/31/06 10:43 PM |
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cjik
Welcome 2010!
Member since 2/06 8879 total posts
Name:
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Re: What offer?
Either $300 or $325, though it depends on the house. Does it need updating or other work? Is it in a good location? How are the other homes nearby priced and what are they selling for?
If $350 seems like a fair asking price, all things considered, I wouldn't go below $325 if you love the house.
Also make sure there is a clause in your offer noting that your offer is contingent upon a good inspection, or something like that. Your attorney can check on this.
Good luck!
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| Posted 11/1/06 8:35 AM |
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