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What offer?

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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...

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?

Posted 10/31/06 6:50 PM
 
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Tine73

Member since 3/06

22093 total posts

Name:
*********

Re: What offer?

I would start with $325K

Posted 10/31/06 8:45 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: What offer?

is the house still on the market?

and is the price still $350K?

Posted 10/31/06 8:54 PM
 

SummerBride05
LIF Infant

Member since 1/06

76 total posts

Name:
Maria

Re: What offer?

Start at 300k!!

Posted 10/31/06 10:42 PM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

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.

Posted 10/31/06 10:43 PM
 

cjik
Welcome 2010!

Member since 2/06

8879 total posts

Name:

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!

Posted 11/1/06 8:35 AM
 
 

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