trish s
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Houses are always put on the market over-priced because they cover being knocked down,so go for it..... |
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FRANK W
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You can offer what you want but its upto them if they accept it. |
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mamgu.......
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no its worth a try, |
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neet@sbcglobal.net
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It is the asking price, so any price is negotiable.
Good luck!! |
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skullian
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make the offer, the worst they can do is say no!
but my in-laws just recently moved and they knocked a couple of grand off the asking price, and when the moved in they found the previous owners had taken all the curtain poles, light bulbs, etc. and had left the garden in a state, covered in dog poo, lawn unkempt and long etc. so be careful. |
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gbj
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Offers that show justification are normally considered. You need to find a Real estate. |
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newmexicorealestateforms
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The only risk that you run into in offering much less is to insult the sellers into not wanting to do business with you and that is their right.
However in certain situations it might not be a bad idea to offer less than what is being asked because of the emotional aspects that the sellers are in and they might not care about the financial aspects of the transaction as much as they care to put an end to certain issues that are tied to the property in question.
One person's garbage is another person's treasure
Best of luck on your offer and work with a licensee that knows what they are doing. |
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Landlord
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That is a pretty good offer.
I have a friend making an offer this morning, 300,000 on a home asking 349,000. I think she has a good chance, they bought it for 198,000 5 years ago and only owe 189,000 on it presently.
Do some research first, make sure they are not bottom lined already. You also have to be willing to accept it if they make no counter offer and simply refuse you. |
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PATRICK
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all houses on the market are over priced by at least 75% |
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goz1111
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my one thing with making an offer, i always like to know the note value on the place then work from that, |
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lin1256
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Offer whatever you want. A friend of mine offered $29,000 on some property that was on the market for $85,000. After some negotiating, he got it for $34,000. Good Luck! |
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bob_frangione2000
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The point of making an offer is to profer what you think the house is worth. You may offer anything you like, but the sellere, in turn, may turn the offer down. |
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nemesis
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There is nothing wrong with asking a lot less than the asking price. The worse that can happen is they say no. When you make your offer, you may want to explain why you think its a lot less. If anything, this will be useful feedback to the seller, who may also be getting other lesser offers. |
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ALLI P
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Go for it! The worst that can happen is they turn down the offer. They could counter somewhere in-between, so know how high you are willing to go. Getting pre-approved for the loan will give your offer more credibility, too. Good Luck. |
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david Realtor
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A house is only worth what someone is willing to pay. If you are working with a Realtor write it up as $175,000 (FIRM). There are many factors than can be involved (court ordered sale-judge makes decision, what are other homes selling for in the neighborhood, are you approved for $175,000-mortgage and do not for get to have a home inspection-make sure it is written in with your offer-if you see visually the mess there might be more the inspector will catch). Being excited is one thing that buyers get jumpy about. Take a deep breath and put emotions aside. Purchasing a home is a big step and should not be rushed. Write up what you think the home is worth and go from there. DO NOT FORGET THE HOME INSPECTION!!!!!! |
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teddy
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Its not out of order to offer a lower price, but i think what you are offering is quite low. The seller might be holding out for the best price possible thats why its still on the market, even if its in a bit of a state, and really three weeks isn't that long. |
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Voltaire's book Candide
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If you will never see or hear the person again, or its neither friend nor family, you do not owe them any favors.
If your offer is in GOOD FAITH, then you have breached no moral codes.
If you're trying to insult their assessment of their domacile, then maybe I'd call them from a payphone, and use an alias. |
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george_graham_crayford
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3 weeks lol, someone else will buy it |
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That's me
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I wouldn't hesitate to make an offer, whether it is a lot less than they are asking or not. The worst thing they can do is turn it down, but usually a seller will counter-offer. If they just flat turn it down, you can always offer more if you're willing. Go for it and good luck! |
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vikki_ricketts
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look at what other houses in the street/area have gone for. if in UK you can use rightmove or my property spy etc. get an idea of what houses in the area in the same state are going for and get a idea of the costs to do it up will be, then give a reasonable answer. its risky as they may refuse to accept any other offers from you as they may consider it cheeky. as they are splitting up they will need to fund two properties so will want the most money they can get, and if they get on, they may be willing to wait. show how much the work will cost and tell them you know the prices of properties in the area and if the maths is correct you should be OK |
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Cosmic
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No,indeed if this is what you think the home is worth,then put in that offer.We know lots of people are given valuations that are too high,and this maybe one of them.Good luck with your offer. :) |
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mickulty5
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You would be right to offer what you think is the correct price, and going on the details you gave you might well get a sale. |
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SCH
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I would offer $160k and let them dicker up...I always offer less then I am willing to pay so that they can dicker up to what I am willing to pay.
The only thing I would worry about with this particular house is that the people selling it need to agree on the price and if they aren't getting along then they might not get together on the sale price...also hopefully they don't actually owe the $197k because they won't get asking price on the house in this market.
(PS houses are ALWAYS listed higher than what the person expects to get for the house). |
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shih tzu lady
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It's always worth a try. If they come back with a negative answer, you could always improve your offer. It's not being out of order, it's called business! |
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Rose C
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You can offer whatever you like but it is up to the Seller (Vendor) whether they want to accept your offer. The fact that it needs work on it and that it has been on the market for 3 weeks (not a long time really) does not mean that they have to accept your offer. You could get a survey done and If there is a structural problem, ask them to reduce the price by the amount needed to remedy that problem. If they are desperate to sell they may eventually accept a much lower offer but if I were you, I should bide my time and be patient. If you really want that house and you are desperate to move then increase your offer a little. |
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Scobill
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If that is all you think it is worth then make the offer . Obviously the seller may just reject your offer and then the ball is back in your court as to whether you up your offer .
In the meantime if as you say the street is quite popular , then another buyer could nip in first .
This is the dilemma all house hunters go through , bid too low and miss out , bid too high and you might pay over the odds
Good luck |
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******
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It's just business. I'd rather have a low ball than no pitch at all.
Query the property on your counties appraisal districts web page to find the estimated value. Have a contractor provide you a supposal on the necessary repairs. Subtract the repairs from the value of the house, subtract 15% more, then ask for the seller to pay closing costs.
For the past two years it's been so, so, so much more of a buyers market that you pretty much get to pick your price. However, the school year controls a good deal of the real estate market. Do your self a huge favor and wait until after September to buy. |
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gordon3392
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Hopefully he wants a closure on it all its a fair offer,,,,i hope you are lucky,,, |
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