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Looking at a house for the 3rd time tonight!
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ImHisMrs
LIF Infant
Member since 11/08 252 total posts
Name:
Mrs. C
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Looking at a house for the 3rd time tonight!
We are looking at the same house for the 3rd time tonight - Its in great condition, definitely needs a little customization but its listed for $325k - Recent comps in the house are much less - we are thinking of putting in an offer of $269k tonight. I don't want to be insulting to them, but do you think its a good jumping off point if most homes in the area have gone from $270-280ish?
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Posted 3/9/09 12:46 PM  |
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rkoenke
my little piggys
Member since 3/08 4315 total posts
Name:
rachel
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Re: Looking at a house for the 3rd time tonight!
Don't know about the area that you are buying in, so can't offer you anything knowledgeable. all i can say is that i was a seller up until last week, and getting ANY offer would be appreciated!!!
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| Posted 3/9/09 2:09 PM |
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ImHisMrs
LIF Infant
Member since 11/08 252 total posts
Name:
Mrs. C
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Re: Looking at a house for the 3rd time tonight!
Posted by rkoenke
Don't know about the area that you are buying in, so can't offer you anything knowledgeable. all i can say is that i was a seller up until last week, and getting ANY offer would be appreciated!!!
I hope that even if they laugh at the offer, they counter offer with something decent. KWIM? Id rather not be left hanging if its an 'insulting' offer... we shall see.. going to see it tonight at 7:30 
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| Posted 3/9/09 2:13 PM |
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rkoenke
my little piggys
Member since 3/08 4315 total posts
Name:
rachel
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Re: Looking at a house for the 3rd time tonight!
good luck!
i hope it works out for you!!!
make sure you have all your info in order, like age of important things (boiler, roof, windows)
know the taxes in relation to the comps in the area too. if the taxes are higher, you may have some more leverage.
if it's meant to be ... it will be!!
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| Posted 3/9/09 2:15 PM |
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Tabitha
Member since 2/07 2029 total posts
Name:
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Re: Looking at a house for the 3rd time tonight!
i see nothing wrong with that offer due to the comps in that range.. good luck!!!
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| Posted 3/9/09 5:37 PM |
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TheLorax
LOVE
Member since 2/06 5581 total posts
Name:
Suzanne / SuzBride
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Re: Looking at a house for the 3rd time tonight!
Posted by Tabitha
i see nothing wrong with that offer due to the comps in that range.. good luck!!!
agree. When they listed, their RA should have discussed comps in their area with them, so I would think they would expect offers that are consistent wtih comp values (since that dictates appraised value and approved mortgage levels).
Good luck!
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| Posted 3/9/09 5:54 PM |
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