So I am going to buy the house for 819000 dollars.The house has been on the market for about 90 days and I offered to almost pay full price for the house. At least 50 other houses in the same area are up for sale as well. Do you think that I should of offered to pay full price for the house or said no and took my business else where.
I know everyone is saying its a buyers market but what do you do when the seller wants the full price or near the full price? I wanted this house even though no one else offered to buy it.
The plus its a great neighborhood. What would you have done in all honesty. I know the seller was not going to drop the price or if they were, I had no reason to think they would of drop it.
Its a good deal over all. So I wondering anyone else experienced the same thing?
Positive or negative comments are fine too, just remember I want this house.
2007-10-07 02:36:59 · 8 answers · asked by . 3 in Business & Finance ➔ Renting & Real Estate
There is nothing that obligates a seller to accept an offer. If the seller of the house you want decided if he could not get his price, he was not going to move then that's the way it is. The house may have been priced right to begin with so no cuts should be expected.
2007-10-07 02:42:02 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Made a offer on a home and the offer was below what the seller want, I was told by the selling agent that there were numerous offers and I should pay full price. Well, They did not take my offer and the home is still on the market. The home also has had a price reduction since then. As far a good deal? I glad they did not take my offer , because I found a better home in a better area.
Something else, some sellers cant afford to lower there prices because they bought within the last few years.
Take the time to research the house your thinking of buying. Use sites like zillow to tell you what the homes have sold in the area and the last sale on the home your interested in.
2007-10-07 04:29:30 · answer #2 · answered by Grandpa Shark 7 · 0⤊ 0⤋
i'm having a wager you put in an exceedingly low supply and the customer doesnt' decide to play the returned and forth. Or the home is able to bypass under and he's attempting to artwork out a short sale. Or the broking is the different way up and would not have the money to sell. i could have your agent do a CMA to make certain what the easily fee could be in accordance with modern like sales. Then initiate from there. Your agent would desire to even contain a duplicate of the CMA to coach that the home is overvalued. no remember if that's overvalued.
2016-10-10 11:28:42 · answer #3 · answered by gregersen 4 · 0⤊ 0⤋
Well, if you want the house that bad, but given the market in most of the country, I'd just go find something else where the owner was willing to be reasonable.
If the property was worth what you paid for it to you, there's nothing to worry about. If you wanted the best bargain you could get, chances are that you didn't get it.
2007-10-07 05:22:23 · answer #4 · answered by Searchlight Crusade 5 · 2⤊ 0⤋
If you really want that particular house, and the price you paid is reasonable, and you can make the payments, then quit worrying about it and looking back. You're talking about a difference of only 2% of the purchase price - that isn't enough to agonize over.
2007-10-07 04:08:30 · answer #5 · answered by Judy 7 · 1⤊ 0⤋
If at 819,000 the house is a good value to you, then it is worth it, regardless of the asking price. The appraisal should bear out the value of the home, so hopefully your offer is subject to appraisal.
2007-10-07 02:42:11 · answer #6 · answered by Sophiesmama 6 · 1⤊ 0⤋
Sorry with the market so slow, he had not had any offers, many other houses in the area............Where for gods sake was your real estate agent? Even a first month "baby agent" would have told you to walk.
2007-10-07 02:45:01 · answer #7 · answered by Anonymous · 2⤊ 0⤋
It just depends on how badly you wanted the house....if you wanted the house badly, sounds like you did the right thing.
2007-10-07 02:53:23 · answer #8 · answered by joni38 3 · 0⤊ 0⤋