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We are possibly interested in buying a home in the Fishkill (Dutchess County) area of NY that is currently being listed at $339,000.00 We are unsure of what would be a good first offer to make, and what we should max. out at? Is there a way to find out what other "similar" homes in that area have SOLD for recently,not what they are listing at?? The home we are looking into is a 3 bedroom, 1 bath with an inground pool and finished family room. Detailed advice very appreciated please!!!

2006-07-25 18:00:07 · 7 answers · asked by NYCaliGal 2 in Business & Finance Renting & Real Estate

7 answers

Its a buyers market and unless you REALLY want the house than you can negotiate price to the max. I would definatly give them a price in which you want to give them. Buttttt..watch out for low balling too low. Reason is because if you low ball than the next person can low ball and the next person. What happens is you can hurt your neighbors and neighborhood. So just be cautioius when getting that good deal.

Consult your Mortgage Broker to make sure you know what your max is and min is. Than get a prequalification letter with the amount you are going to offer when presenting the offer. Keeps the sellers from knowing whether that is your max loan amount that you can take.

Get a good real estate agent to help with comparables and if the property is being sold as a FSBO (For Sale by Owner) than check with title companies or your local assessors office.

Hope this helps and congrats on your purchase

2006-07-25 19:12:05 · answer #1 · answered by Openthathouse.com 4 · 1 1

Most title companies have information on homes that have sold in the area. I would call one or a few of them and see if they have any comparisons in the specific area of the home you are interested in. They can usually help you with this kind of information.

As to how much you should offer on the house depends on the housing market. If the house has been on the market a while and they haven't been getting alot of offers you might be able to get it for less. If you were to bid less they can always counter-offer what they will take for it. On the other hand if it is a new listing and alot of people are interested you may have to offer full price or even a little bit more if your sure you want it. Looking at comparisions will also help you decide a fair amount for the home as well.

2006-07-25 18:13:50 · answer #2 · answered by Foo Foo Girl 4 · 0 0

usually if the asking price is set ,depending on the area , any where between 5 - 10 thousand less. It also depends on the house it self, roof, furnace, electrical , plumbing, windows, are usually the big factors of negotiations to lower prices. As far as looking around for what house are sold in the area, the agent has a site that lists houses sold or for sale , they use it as a reference.

2006-07-25 18:19:28 · answer #3 · answered by robert r 4 · 0 0

If you just do an Internet search on "home sales Fishkill NY" several links pop up. One is listed below.

2006-07-25 18:04:05 · answer #4 · answered by Ranto 7 · 0 0

Call any realtor and they can provide what is called a "comparative market analysis". Usually, it is done to determine what your home is likely to sell at, but it can also be used to determine what the asking price should be on a home for sale.

2006-07-25 18:05:00 · answer #5 · answered by Anonymous · 0 0

the county registrars office lists all house sales in their records, it is required by law that all deeds are public records. go to the county seat and ask for deed records that have recently sold. in my expierence they are very helpful.

2006-07-25 18:04:15 · answer #6 · answered by jimdan2000 4 · 0 0

foreclosures capacity that the financial corporation seized the valuables, because of the fact of non-fee of debt (NOD). whilst that occurs, the financial corporation owns the valuables and you're actually out of the loop. whether you purely owed $100K and the residing house bought for $a million million, you get no longer something. it extremely is no longer your place any further and hasn't been from the day the foreclosures went by.

2016-12-14 14:03:11 · answer #7 · answered by ? 4 · 0 0

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