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Old 01-31-2016, 12:15 PM
 
17 posts, read 16,540 times
Reputation: 26

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We gave full asking price on the house with help towards closing costs. We know this is a very strong offer. The property has only been on market a few days and meets our needs. Our agent called us last night saying someone else was going to put in an offer and asked if we wanted to up our offer! We said no and thought it was a great offer. They have until Tuesday to reply but agent said she will have an answer todsy, nerve wrecking to say the least. We did not want to get into a bidding war with iurselves. We know the property has had a lot of interest by the amount viewing it. It is not too far from where we live now and each time we drove past it was getting viewed, well most times 😊 Should we of made a higher offer and how does she know she will get a reply today? Surely they would use the 3 days they have to reply. Sorry for rambling, this is as I said nerve wrecking, we are prepared to walk if necessary but we do like it.
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Old 01-31-2016, 12:31 PM
 
Location: Just south of Denver since 1989
11,826 posts, read 34,430,278 times
Reputation: 8971
Do whatever you will live with for the rest of your life.
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Old 01-31-2016, 12:43 PM
 
Location: Western MA
2,556 posts, read 2,283,120 times
Reputation: 6882
Why ask for help on closing costs? That weakens your offer and, to be honest, as a seller it would really annoy me.
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Old 01-31-2016, 12:50 PM
 
17 posts, read 16,540 times
Reputation: 26
Quote:
Originally Posted by DebNashua View Post
Why ask for help on closing costs? That weakens your offer and, to be honest, as a seller it would really annoy me.
Agent advised this and said it was common. We don't really need the help with closing costs but like I said she told us this was acceptable. We did offer full asking price! So not trying to offend them.
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Old 01-31-2016, 12:56 PM
 
Location: Brentwood, Tennessee
49,932 posts, read 59,927,052 times
Reputation: 98359
Then remove the closing costs contingency and give them 12 hours to respond.
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Old 01-31-2016, 01:03 PM
 
17 posts, read 16,540 times
Reputation: 26
Quote:
Originally Posted by Wmsn4Life View Post
Then remove the closing costs contingency and give them 12 hours to respond.
Will talk with the husband.
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Old 01-31-2016, 01:23 PM
 
Location: Berkeley Neighborhood, Denver, CO USA
17,709 posts, read 29,812,481 times
Reputation: 33301
Your agent is not the brightest bulb in the room.
I agree with "Why ask for help on closing costs? That weakens your offer and, to be honest, as a seller it would really annoy me."
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Old 01-31-2016, 01:29 PM
 
17 posts, read 16,540 times
Reputation: 26
Quote:
Originally Posted by davebarnes View Post
Your agent is not the brightest bulb in the room.
I agree with "Why ask for help on closing costs? That weakens your offer and, to be honest, as a seller it would really annoy me."
I will tell her you said that Lol! She said to offer less or ask for help with closing costs. We offered full asking price, so not trying to screw anyone over. Like I said she said this was how it works. You being a seller would be annoyed and I get that.
Thanks.
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Old 01-31-2016, 01:30 PM
 
17 posts, read 16,540 times
Reputation: 26
Quote:
Originally Posted by Angie231 View Post
I will tell her you said that Lol! She said to offer less or ask for help with closing costs. We offered full asking price, so not trying to screw anyone over. Like I said she said this was how it works. You being a seller would be annoyed and I get that.
Thanks.
Will see if they counter.
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Old 01-31-2016, 01:37 PM
 
Location: Austin
7,244 posts, read 21,806,338 times
Reputation: 10015
There are multiple offers, you're at asking price, AND you asked for closing costs? You will not win. By asking for closing costs, you are netting the sellers BELOW asking price. That is not a strong offer if you were in my market.

You need to offer them something that when you see the closing price, you won't say to yourself or outloud, "I would have paid that price for that house!" If you say that with any other price above the price you offered, you offered too low, in multiple offer situations.
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