How much can I talk down a house?

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  • How much can I talk down a house?


Answer #1 | 23/12 2013 04:28
How much do you offer to get a purchase price of $195,000? If you want to purchase for $195,000 - then offer $195,000. Or less - and get a counter offer. Keep in mind - any offer you make does not have to be accepted.
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Answer #2 | 22/12 2013 19:38
Realistically, if the $235,000 is a proper market appraisal (based on recent sales), you are probably looking at a minimum price of $210,000 to $215,000 (10% off). If the buyer is not motivated to sell (i.e., due to a job transfer or some other life event), they might not go below $220,000. Best you can do is make an offer, knowing that a lowball offer might insult the seller enough that they do not make a counter offer.
Positive: 100 %
Answer #3 | 22/12 2013 20:51
Is that all you can afford? They might take it, they might not. You'll never know unless you try.
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Answer #4 | 23/12 2013 00:13
"I understand there are a lot of factors that go into buying a home" It's obvious that you have no such knowledge.
Answer #5 | 23/12 2013 08:04
A 3 bedroom, 1 bath is functionally obsolete and may be difficult for you to sell. That said ask your agent what percentage of list price are homes selling for. If this home is priced right don't be surprised if your offer doesn't get a counter from the seller. Homes is many areas are selling for list price and more.
Answer #6 | 22/12 2013 18:33
You can offer anything you want, there are no laws of minimum offers. You could offer $100 if you really wanted to. But in any case, if you already know the maximum you are willing to pay then go in with an offer less than that... say maybe 10 or 20 grand under what you are willing to pay.

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