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Old 06-25-2009, 11:22 AM
 
Location: North Carolina
16 posts, read 52,219 times
Reputation: 14

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I'm interested in buying a home in Pelican Pointe in Elizabeth City. It's two years old but has never been occupied--the original buyer couldn't pay and the house went into foreclosure. It's now bank owned. They're asking $299,900, but the bank's own realtor told us, "Offer low! They're dying to get rid of it!" How low do you think we should go? We have $230,000 in cash from our last home sale and would love to pay that much and never have a house payment again--is that low of an offer reasonable?
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Old 06-29-2009, 03:37 PM
 
Location: Wilmington, NC
431 posts, read 1,011,839 times
Reputation: 143
Quote:
Originally Posted by queenjulie View Post
I'm interested in buying a home in Pelican Pointe in Elizabeth City. It's two years old but has never been occupied--the original buyer couldn't pay and the house went into foreclosure. It's now bank owned. They're asking $299,900, but the bank's own realtor told us, "Offer low! They're dying to get rid of it!" How low do you think we should go? We have $230,000 in cash from our last home sale and would love to pay that much and never have a house payment again--is that low of an offer reasonable?
I say give it a try. All they can say is no.
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