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I found a home we love, what would you offer

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Jessah
I love my dogs :)

Member since 2/08

1344 total posts

Name:
Jess

I found a home we love, what would you offer

The house is listed at 405,000

what would you offer for the first offer

Thank you

Posted 8/6/09 10:13 PM
 
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jgl
Love my little boys!!!

Member since 8/07

7060 total posts

Name:
g

Re: I found a home we love, what would you offer

Posted by TeamBurns

The house is listed at 405,000

what would you offer for the first offer

Thank you



i have heard that 12 - 15 % below asking is not uncommon I believe that is what we did for the first offer

Posted 8/6/09 10:26 PM
 

cindy104
This is my "Baby"

Member since 6/08

1522 total posts

Name:
Cindy

Re: I found a home we love, what would you offer

It reallly depends on what the house and location is like. More and more houses these days are being priced right and are being listed much closer to the actual price it's worth.

Again, it really does depend, but I'd say somewhere around $380 is a good offer

Posted 8/6/09 11:03 PM
 

MrsUta
LIF Adolescent

Member since 2/08

771 total posts

Name:

Re: I found a home we love, what would you offer

I think it also depends on how long the home has been on the market for and if the house is priced right.

A home is only worth what you pay for it...

Good Luck!!!!

Posted 8/7/09 8:08 AM
 

Kara
Now Zagat Rated!

Member since 3/07

13217 total posts

Name:
They call me "Tater Salad"

Re: I found a home we love, what would you offer

No one can tell you what to offer based on the listing price alone. The house could be a steal or be way overpriced. Ask your realtor for comparable SALES (not listings - sales) and start from there.

Good luck!

Posted 8/7/09 9:17 AM
 

Nik211
my little monkey<3

Member since 5/08

3303 total posts

Name:
Nik

Re: I found a home we love, what would you offer

Posted by Kara

No one can tell you what to offer based on the listing price alone. The house could be a steal or be way overpriced. Ask your realtor for comparable SALES (not listings - sales) and start from there.

Good luck!



ITA

see what the recent comps sold for - that will give you a better idea of what the house is worth

Posted 8/7/09 9:33 AM
 

yelley
Fortunate

Member since 11/07

3037 total posts

Name:
Danielle

Re: I found a home we love, what would you offer

JESSICAAAAAAAA!!!! please call me and tell me your news!!

Posted 8/7/09 9:35 AM
 

NASP09
...

Member since 6/05

6030 total posts

Name:

Re:

Message edited 3/4/2010 4:06:53 PM.

Posted 8/7/09 9:57 AM
 

smdl
I love Gary too..on a plate!

Member since 5/06

32461 total posts

Name:
me

Re: I found a home we love, what would you offer

It really depends.

You really need comps from REA. That's really the only way to see if the price is at fair market value.

Did they already reduce the price?
What other similar houses sold for recently?

ETC...

Posted 8/7/09 9:59 AM
 

evenedan
Need a little sunshine

Member since 9/05

3843 total posts

Name:
D

Re: I found a home we love, what would you offer

Nobody can tell you what a good offer is without knowing specifics on the house and the location and without looking at comparable sales.

The asking price could be sky high, or it could be a very motivated, realistic asking price. The only way you'll know is if you do some real research.

Good luck!

Posted 8/7/09 10:26 AM
 
 

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