okay, so quick update, we saw 2 places last night...and so far, so good...so keep your fingers crossed!!! love the LIW LOVE!!
okay...so now my question...what do you think is a fair offer to start the negotiations? 10% less? 20%? more? less?
just trying to get an idea for what is reasonable to start a negotiation without offending anyone!
TIA!!!!
jackieee
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Re: real estate question
I would start with 20%. Good luck!!!
MayBride2010
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Re: real estate question
Posted by jackieee
I would start with 20%. Good luck!!!
ita - also, look at comparable homes in the area where you are buying.
blessed18
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Re: real estate question
if your realtor is really good he can find out what offers have been put on the house before and maybe you can determine what is the ultimate low the owner can take. the agent that was representing the owner told my realtor that the owner was only accepting offers over a certain amount and that the owner had turned down a few offers in a certain range. Also remember that after you put an offer on a house and they accept it there still could be a potential for the owner to lower it if the inspection comes back with a few things that need to be taken care of.
Rosalind_75
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Re: real estate question
Posted by MayBride2010
Posted by jackieee
I would start with 20%. Good luck!!!
ita - also, look at comparable homes in the area where you are buying.
ita
good luck
dfw343
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Re: real estate question
you can look up the buildings recent sales on line (google acris)
that can give you a guide...but when I negotiated, I offered 27 k less than what she wanted...we settled on 19 less but she tried at 22 but i said no 19 and sent her my pre approval letter. She said ok right after
Get pre approval it helps in negotiations.
Now I am curious where lol
oh and take into account the appliances...see if they are old...you can haggle about that
