Looked at a property twice now and have been considering it since boxing day. The listing price is $849,000, I am not really sure what my budget is finance wise because we just asked our loan guy to give us a yes or no for $800,000 so I am thinking that is my maximum that I COULD pay for the house. I am not sure how it works with higher priced homes as have only bought cheaper ones before. My brother in law's home was on the market for 550,000 and he said 500k take it or Ill just find something else and they took it, so thats why I am thinking its not farfetched to get 50,000 off a more expensive home. Also I got 40,000 off my apartment but that one was probably asking a bit much in the first place.
I would be THRILLED if I could get it for 775 - especially given that we will need some cash for adding security, air conditioning and redecorating - but I am not sure if offering this much under the price is appropriate. Any advice for offering on higher value homes? Our current home was 550 and I offered 550 because the agent BS'd me and told me there was another offer and I wanted this place so badly I wasnt willing to risk losing it for the sake of bargaining haha.
Thank you
I would be THRILLED if I could get it for 775 - especially given that we will need some cash for adding security, air conditioning and redecorating - but I am not sure if offering this much under the price is appropriate. Any advice for offering on higher value homes? Our current home was 550 and I offered 550 because the agent BS'd me and told me there was another offer and I wanted this place so badly I wasnt willing to risk losing it for the sake of bargaining haha.
Thank you