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 Apt rental agreement question with a faulty appliance?
I have just gotten a new 1-bedroom apt and it came with a refrigerator. most of the apts though in this bldg and managment company DO NOT come with a refrigerator and so i noticed there was one when ...


 How much am I entiled to?
My ex and I bought a house together a year ago. It is financed in her name alone, but both of us are listed on the deed. She broke up with my four months ago and we are in the process of sorting ...


 Father-in-law possibly buying house across the street?
my father-in-law and his girlfreind are looking into buying the house that's up for sale right across the street from my husband and I. My husband wants him to buy that house, however I'm ...


 Is it legal for the tenant to return landlord's mail back to sender?
...


 Am muslim lady came to london from abroad for treatment looking for stadio flat to rent for 6weeks close to?
regent mosque, ready to pay 150 per week maxi, please may allah reward you can you help please reply yes or no. ...


 I need a place to live are there property managers that rent to people with bad credit?
I have late payments and past due bills and creditors are not happy with me right ...


 I am moving from my first apartment any advice to avoide extra charges?
...


 The house I'm buying isn't worth the price offered...?
the appraiser said it wasn't worth the price. it's about 50,000 less than what we offered. the sellers don't owe anything on it, but i'm worried they won't negotiate with ...


 Is this a good time to buy house / condo in Conneticut?
or are the prices expected to still come down? Do you think prices of Condos and townhouses will coem down, too?...


 Is It ok to Tag Along With a House Inspector While He/She Is Inspecting Your Future House?
Buying a house and need an inspection. (Cincinnati, Ohio) A friend said that their house inspector did not want them to be there because he might get distracted.

Is that the norm.? Or ...


 I live in Maryland and my house will be foreclosed tomorrow, how long to I have to move after the sale?
...


 A subprime borrower preparing for refinance?
When I bought my house a year ago I was a subprime borrower. I have a mortgage through Option One a known predatory lender. However I have made all my payments on time and havnt had one problem. In ...


 Which is better: a traditional home loan, or a stated income loan for a first time buyer on a budget?
...


 How much rent should this family pay?
How much rent should this family of 7 pay?

Here's the family:

- A couple in their early 40s
- 4 kids (aged 4 - 13)
- 1 baby (5 months)

They're ...


 Want to put in a back up offer on a house that is pending sale now?
We found a house that we like, but someone else put an offer on it last week (almost 2 weeks ago) Is it too late for us to put up a back up offer?...


 Should i withdraw money from my 401k for closong costs?
i need to come up with $4500 for closing costs and my only resource is my 401k. is it wise to do this and just deal with the penalties and fees that come along with it?
Additional Details<...


 Should I move?
I am fed up with the way my landlord talks to me. I am moving. The rent here is cheep. I have a one bedroom for $750/mo- which is cheep in New York. I think she has a screw loose and I dont feel ...


 I private rent a house which I have lived in with present landlords for 2.5 years?
They have recently issued me with a new type of contract which lists all the things that I am responsible for. This includes keeping the guttering clear! (I did see them prior to receiving the new ...


 What does owner finance mean when dealing with houses?
...


 Can the landlord come in and show your apartment to someone without you being there ?
Hi there,

I just got a call from my landlord. He said someone is interested in buying the apartment/condo and they will be coming to check it out. I told him sure, I am avaialble after ...



Tiffany S
What is a resonable counter offer?
We are selling a duplex in Anchorage, AK. It has 5 bedrooms/2 baths, 1900 sq. ft, on a 9,000 sq. foot lot. We are asking $292,000. We got an offer for $272,000. That is too low for us to accept, so we will be counter offering them. I just want to know what is reasonable? There aren't a lot of duplex's on the market with comparable ammenities or sq. footage. In the area, one almost identical to ours in the same general area sold for $292,000 3 months ago, but another duplex in the next zip code sold for $278,000 and it had a 1-car garage on each side. I think our area is more desirable and we have no backyard neighbors, it's a nursery so it's very private. The interior of both units was recently updated (carpets, flooring, paint, appliances.) It appraised at $270,000 over a year ago, and that appraiser never even went into the units. In the last year our tax property value has went up over $12,000. Not sure if that makes a difference. Any suggestions would be great. Thank you.
                     
 




dzwreck
Rating
This is a tough question to answer without being able to do a market analysis on the area ourselves. However, many people start off by making an offer that they hope to be able to meet in the middle with. For example if they started off by offering 272k, then there is a good chance that they may be pleased to try and meet you in the middle of 272 and 292, which would be roughly 282k. I would probably (if this was myself and not knowing the housing market at all where you are at) counter offer at $288k or somewhere in that range. This will either get them to make a more serious bid closer to where you want them to be instead of countering really low again. Best of luck to you.

PS: Remember it all depends on your current housing market, how quickly you need to sell and how much you need to get out of your home.


dkarlsenyh
Rating
Regardless of your amenities, you're trying to sell your house. The prospective buyer wants as good a deal as they can get, so they will offer less than you are asking, particularly if it's a slow market for sellers (more sellers than buyers).

What I've always figured is "reasonable" is to split the difference between the asking price and the offer price.

So in your case, you could counter at $282,000. Or, you could counter at $287,000, and then if they counter that at $282,000, then you'll be where you want to be and can accept.


ZinaRae
Another tough question. The housing market is at a 16 year low right now. The figures just came out today. Look at what hasn't sold as well as what has sold. But remember, sometimes you only get one offer in this market. Be thankful someone even gave you an offer. Do your homework. Never rely on a realtor for fianl advice. They have a vested interest to sell your property....no matter what you what you need financially.


Landlord
Rating
282 is in the middle, and likely what they are wanting, they bid low on purpose. I would couner it, they are going to have to get the appraisal at that in order to qualify for a loan.

BTW, they usually don't enter to appraise, the value is not associated with your applicances etc, only the saleability.


Blue October
Rating
again...this will depend on what property comparable to yours is selling for in the same area.
is property even moving in your area...cause the rest of the nation is extremely slow and getting slower by the day.
if you have a real estate agent, rely on his expertise for the counter...if not...get on line and see what the area is bearing currently.

good luck


mazziatplay
Rating
I'd probably counter at 285,000 and sell at 283,500 if that makes you whole.


?
Rating
$285,000


ThatGuy!
Rating
They aren't expecting you to accept the offer of 272,000.

Counter with $285,000.

I bet you'll have it sold in the end for $282,000....


dragongirl88
Rating
If you don't need to sell it, $297,000.

Take a look at what the buyer is offering, if they are doing 100% finance, they will not be able to buy the house.

If they do not accept and you have no abck up offers, pull the house off the market for 30 days then put it back on again and raise the asking price to $309,000.00

If you need to sell the house, then I would counter at $282,000.00


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