Quote:
Originally Posted by BWillie007
I assume this was a pretty expensive house. I'm thinking about putting an offer down on a house they are asking 145K for, and if I offered 125K I think they would probably take a shit and throw it at me. I know the house hasn't been on the market long, so I don't know what to offer. I'm thinking about 136K and I would accept anything 140K and below. House is said to be appraised at 154K in 2008. ?
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$136300 is a 6% reduction in the aasking price and is usually pretty much expected as the initial offer. If you would offer $136.5K you have a good chance of hitting your $140K target.