Question for those that recently had an accepted offer...

Just curious how much cheaper you got it than the asking price and was the house reduced prior.

Message edited 7/31/2007 5:16:48 PM.

Re: Question for those that recently had an excepted offer...

Our house was reduced 5 times (I think) and we got it for 14K less than the final asking price.

This was back in April and the house had been on the market since July of 2006

Re: Question for those that recently had an accepted offer...

it was listed at 267 we got it for 247
monmouth county nj

Re: Question for those that recently had an accepted offer...

Original MLS - 469
Reduced - 449
We offered - 410
They countered - 440
We countered - 420
They accepted

Then we did the inspection and dropped the house like a bad habit.

And then they called me and offered 400. We still said no.

We got comparable listings in the area that sold for 30-15k less than asking. We are now looking for houses 30k over our highest allowable price.

I expect it to get worse by the end of the month. For the homeowners that is, not the buyers. School's coming.

Re: Question for those that recently had an accepted offer...

They were originally asking 449, reduced it to 429, we offered 400 and got it for 408

Re: Question for those that recently had an accepted offer...

we paid full asking price, house was priced right according to recent home sales and it was in good condition. we closed in March. although, house went down 40,000 from original asking price.

Message edited 7/31/2007 10:19:16 PM.

Re: Question for those that recently had an accepted offer...

We paid about $25K less than asking price (the house was new to the market).

Re: Question for those that recently had an accepted offer...

We saw the house at an open house. We went back to see it a few months later after the owners dropped the price by $15,000. We offered $30,000 less than the new asking price, and they accepted.

Re: Question for those that recently had an accepted offer...

Original MLS 525K
Reduced 499K
Reduced again 489K
we offered 480K
They countered 485K

We got it for 40K less than original MLS price. I wanted to add the house is completely remodeled, new kitchen, new baths, finished basement. Basically, we are painting and moving in.

Re: Question for those that recently had an accepted offer...

We got our house for $64,000 less then the original price of the MLS listing. It had been reduced 3 times before we went back to see it a second time and made our offer.

The house wasn't on the market all that long, it just wasn't priced accordingly for all the work that needs to be done with it.

Re: Question for those that recently had an accepted offer...

We got our house for $15K less than asking. The house was newly on the market when we put in our offer and was definitely priced right for the area.

Re: Question for those that recently had an accepted offer...

We offered 9% below asking price and settled at approx. 6% below asking price.

Re: Question for those that recently had an accepted offer...

My parents put their house on the market at the end of May for $399K in Levittown. Within 5 days, they had an accepted bid & offer on their house for $390....the house is going to closing tomorrow

Re: Question for those that recently had an accepted offer...

We got it for $20k below the asking price and $50k below what they were going to list it with a realtor for (it was a FSBO).

There's a house, almost identical to ours size-wise, neighborhood-wise and land-wise up for sale now at $35k more than what we paid. Someone offered $20k less than what we ended up paying and they rejected. I can't wait to see what it goes for!

Re: Question for those that recently had an accepted offer...

We got it for $10K below the asking. They had it on the market 4 months, and the list price was not lowered during that time.

We thought it was a pretty good deal, since the owners had been realistic in their pricing of the home. It was a little lower than similar homes in that area.

Re: Question for those that recently had an accepted offer...

my house was put on the market at lower than its value for a quick sell. We offered 14K below asking and got it for 4K less than asking. still a great buy though!

Re: Question for those that recently had an accepted offer...

We settled on a price 15K below asking. I don't know if it was reduced from an original asking price.

Re: Question for those that recently had an accepted offer...

we bought our house for 10K less than asking and 35K less than the original listing price.

Re: Question for those that recently had an accepted offer...

paid 30k lower than asking. it wasnt on the market for long at all..