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06-12-2008, 11:19 PM
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Member
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Join Date: Mar 2008
25 posts, read 19,150 times
Reputation: 14
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Please come in: I just made an offer
So I just offered $320 for a house with a listing price of $349, it was originally listed as $359 but the seller lowered it. The house is in WO and is in move in condition (very well maintained). It will require some minor repairs so I also offered to forego bringing up any non-major issues (i.e., minor electrical, minor fix up to outside of house) if the repairs will not exceed $5,500. The house is near south mountain reservation in wo, not main street. Do you think i offered too much? the house is 3 bd rms and 2 full baths. It's a small house so the rooms are kind of small but i didn't want big.
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06-12-2008, 11:42 PM
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Member
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Join Date: Apr 2008
49 posts, read 38,878 times
Reputation: 15
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Sounds good to me! From what I've heard most houses right now are selling for 5-10% below their asking price. I think you made a good offer.
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06-12-2008, 11:47 PM
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Senior Member
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Join Date: Jan 2008
1,017 posts, read 577,607 times
Reputation: 316
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well if its what you want, go for it.
If your not in love with the house and its been on the market for a while, I probably would have offered about 310 and see what their counter is.
If your not dead set on a particular house or in a rush to buy, theres nothing wrong with trying to low ball things.
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06-12-2008, 11:47 PM
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Senior Member
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Join Date: Feb 2008
1,302 posts, read 989,607 times
Reputation: 186
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I paid $325 k last August 3 full baths 4 bedrooms and a family room and garage house was built 3 years ago
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06-12-2008, 11:48 PM
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Senior Member
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Join Date: Feb 2008
1,302 posts, read 989,607 times
Reputation: 186
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and yeah we are on a culd e sac
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06-12-2008, 11:51 PM
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Real Estate Sales Associate (NJ)
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Join Date: Jul 2007
Location: Central New Jersey
1,156 posts, read 1,086,213 times
Reputation: 146
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Is the house yours or are you still waiting to hear from the seller?
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06-13-2008, 07:15 AM
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It's my turn!!!!!
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Join Date: Sep 2007
Location: GA
2,011 posts, read 1,726,813 times
Reputation: 445
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If you didn't mention it, I would leave out the part about the repairs for $5500. That's an excellent offer. Wait for the inspection and see if any issues come up. Then re-negotiate if necessary. Good luck!
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06-13-2008, 07:25 AM
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tony clifton and the Katrina kiss my ass orchestra
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Join Date: Oct 2007
Location: THE TRIAD
438 posts, read 234,802 times
Reputation: 95
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I would have lowballed a little more.. how long was it on the market?
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06-16-2008, 08:57 PM
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Member
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Join Date: Mar 2008
25 posts, read 19,150 times
Reputation: 14
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We couldn't agree on a price so I walked away.  I'm sure I will find something in the end, but i'm noticing mortgage rates are going up.  |
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06-16-2008, 09:13 PM
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Like my 'tude?
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Join Date: Oct 2007
Location: Cherry Hill, New Jersey
1,368 posts, read 986,311 times
Reputation: 570
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I'm sorry I am ignorant. What is WO?
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