If you want to know what the right price range is, don't look too heavily on the Assessed value.

What you want to look at, is Comparable sales.

Find houses in the same city, neighborhood and or school district, built within 10 years of this one, similar in square footage, same bedrooms and baths, and "arms lenth transactions".

That should put you on the money, if you can find 2-3 of them within the past year to 6 months.

I'd imagine you could find a website of that county that would have the comparable searches available on their assessor websites.

i wouldn't think another counter offer would hurt :shrug:


make another offer .... let them think week


if they don't take it then just change your mind and accept their offer.

in fact, i would think by the fact that she "split the difference" would indicate her willingness to negotiate.

the only downside is if someone else comes along and makes a big offer.

so time is a bit of an issue...

to save time, tell your agent to immediately counter offer any offer by splitting the difference. It indicates a non-aggressive, pure negotiating spirit.

"no hard feelings ... just meet me in the middle"


as soon as she stops giving counter offers ...... take it.


tis all good.

That weighed hard with me... I thought very hard about doing exactly that... but I did not want to waste any more time...

We have been looking for a long time now and our lease is up Aug.31 so we needed to find a place QUICK.... The house just really fit our family perfect. Good location close to work, close to family, still in the KC area..

I Just accepted her counter offer now... our agent is taking the paper work to the sellers agent now. I'm pretty happy with the decision.

Thanks everyone again for their insight

Here is a Picture of the home

Thanks again

http://photos1.blogger.com/blogger/7...001-765837.jpg

Looks like a wonderful first home. Good luck and Congrats.

That tree has a perfect branch for a tire swing.


And house prices in your area make me envious. The same house in my area would cost well more than double. Oh well, at least you're subsidizing my tax deductions.

If you have a good agent, your questions would already have been answered and fully explained. That is her/his job after all.

JP

congrats ... i hope it all works out for ya. :clap:

Slag looks nice. Hope all inspections etc check out.

He'll sign the papers monday, and get called into the office for hacking at work tuesday.

Hey SLAG, did ya ever finalize the buy?

Not yet... We are finnishing up the comparing and contrasting the mortgage's should have a decision made by tomorrow on what lender...

the Inspection came back good we are going to take a few things to the seller ask her to fix it or give cash allowance. its a process

We just got approved for $180K loan and FHA loan, due to low debt to income ratio. So we get Prime rate. But Doubt we go over $160... found some killer homes in Lee's Summit.

Nice...


We are getting prime rates... i was surprised because im so young.. but i guess my credit is just barely sufficent...

we did get approved for $150 but are trying to get this house for $139