making an offer on a house: FAQ'S: Step 5 to Buying Your New Home - What's a Fair Price?
- 06/02/12 01:36 AM
Question: Now that we've found the perfect place, how can I figure out how much to offer the sellers to buy it?
Answer: There is no magic formula for coming up with the perfect price to go with your perfect home. There will be two important factors. First, how does the asking price stack up to the actual "market value" of the property? And second, are you the only offer on the table, or is there competition from other buyers who share your good taste?
Once you decide on a house, I will start by putting together the history of sales … (11 comments)
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making an offer on a house: Q: Dear Pat, we found a house we like and are trying to figure out - how much do we offer?
- 01/23/11 03:07 PM
Q: Dear Pat, we found a house we like and are trying to figure out how much to offer. Can you help? Fuzzy in Fairfax
A: Dear Fuzzy, there are no hard and fast rules about making offers - except for one. You should sit down with your buyer broker and go over the sales history for the area around the house you want to buy.
Sometimes you can negotiate with the sellers and get them to lower their price or maybe give you more favorable terms. But sometimes you can't.
Here are some questions you need answers to:
How … (13 comments)
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Question: Now that we've found the perfect place, how can I figure out how much to offer the sellers to buy it?
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