We are buying our first home but have hit a snag with the seller...after offering and jumping back and forth over prices she has came down to 41500. and we are saying 40000. I know it's only 1500. difference but she is taking all the appliances with her and the home is only worth 40. I really love this house and I've already started getting ready for the move but my husband will not budge and neither will she. She really wants to sell it due to moving out of state in a few months and getting married. And needs the money for her expenses. But how can we get her to come down? The realtor keeps calling and wondering what we are going to do and we keep telling him we are stuck at 40,000. and that's all we are offering. I really want this house and would hate not to get it over a few thousand. HELP!
2007-08-28 07:17:58 · 6 answers · asked by Kathryn T 2 in Business & Finance ➔ Renting & Real Estate
Try to offer 41500 But she will have to pay 1500 in closing cost and she keeps her appliances. Thats worth a try. Or 41500 and you keep the appliances. Which ever you choose do the other if she denies it.
And when you counter after the first deny give a 24 hour period to agree or reject the offer. If she lets the deal die. Then i would suggest wait 5 days or so and put a offer in for 40000 if she counters back at 41500 then take it cuz she probably wont budge. Thats they only way the 24 hour notice is a nice trick.
But to be honest it's 1500 and she needs to move. Dont let her know your ready to move! She could be sitting there for another 2 months. I think if she lets it die and you wait about a week she would be kicking her self for a week. Just let her sweat that week out then go for another offer at what you want. She might be not so foolish to be greedy a second time.
2007-08-28 07:41:43 · answer #1 · answered by Michael 2 · 1⤊ 0⤋
We'll be renters for a long time. We live in Chicago, though, and are undecided if we'll want to continue living in the city in 10+ years, so we won't buy until we figure that out. Not to mention it's silly to buy anything in a major city. So expensive, and the property taxes are insanely high. I think that couples who push to have their wedding and buy a house right away are crazy. Buying a house is a HUGE hasstle. Uusally there are lots of repairs and remodeling that goes with it, and unexpected renovations as well. The last thing I'd want is to have to worry about that while planning a wedding.
2016-05-20 01:52:30 · answer #2 · answered by ? 3 · 0⤊ 0⤋
With the housing market as it is time is on your side, say 40 and that is it, or she can pay on two places her choice. Housing inventory is going up, prices are dropping, and eligible buyers are dwindling, ell her has 2 weeks to accept or you are lowering your offer, and then tell her to look at the business news, and the housing market news. It is a buyers market but housing is depreciating, and will continue to for the next year to eighteen months. Play the game kiddo, and think if you wait a month or so can get for 38
2007-08-28 10:54:38 · answer #3 · answered by Pengy 7 · 0⤊ 0⤋
Someone has to play poker here. You could withdraw your offer over the 1500 and walk away...hoping she will chase you (I bought a home in January and that is what happened). If they don't chase you then you have to find another house.
She could withdraw her 41500 offer and hope you chase her.
Someone has to play poker...whichever of you that is really willing to walk away will win.
2007-08-28 08:11:04 · answer #4 · answered by glenn 7 · 0⤊ 0⤋
Tell your husband that if he ever wants to sleep in YOUR bed again, he'd better wake up and smell the roses (do what you ask him to do). Hopefully he's smart enough to make the right decision at that point.
2007-08-28 11:25:14 · answer #5 · answered by liveinaustin 3 · 0⤊ 0⤋
Offer her 40k she takes the appliances, or 41,500 she leaves the appliances.
2007-08-28 07:26:53 · answer #6 · answered by newmexicorealestateforms 6 · 2⤊ 0⤋