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"4) Don't assume that you can get the seller to take 10 percent off the asking price. Each home is priced differently, some are priced competitively. A seller who is just on the market within the last 2 weeks won't drop the price as much as someone who has been on the market for 8 months and near foreclosure." I already stated that I'm not assuming that. I'm not in rush to move, if they take the offer good if not try the next one.
Just watch the low balling because there was one guy doing it where I used to live.. my agent was honest with me and told me we were his 5th low ball
Just watch the low balling because there was one guy doing it where I used to live.. my agent was honest with me and told me we were his 5th low ball
And? A "low ball" offer is just that -- an offer. Any seller is free to accept or decline the offer. There is no agreed upon definition of "low ball" offer -- some sellers think anything below asking price is a "low ball" offer, some buyers think that only 50% or below the asking price is a true "low ball" bid. I don't care if it takes you 25 bids, or whether anyone considers them "low ball" or not; bid what you think the house is worth, and not a penny more.
I suppose used car salesmen discuss the "low ball" offers they received, but who cares? All that matters is getting the best value.
About the fridge and stove, etc., you can ask that they be included in the purchase price of the house in your offer.
I also agree that you should set your price limit a bit lower and set a little more money aside before you buy. What's the rush? Six month isn't going to hurt anyone, and I'll bet that in the fall sellers will be a more flexible because traditionally there are fewer buyers out there than in the spring.
Yes but these places where prices are cratering, like the Inland Empire and Fort Meyers was all tract housing thrown up to catch the boom. In the case of Fort Myers I know that alot of the buying was speculative and people bought multiple properties thinking they couldn't lose (like my brilliant ex-plumber who owns three houses in Cape Coral).
But who knows, maybe the death of finance as a major economic force in the tri-state area will have the same effect on housing prices.
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