I found the home I like, how much should I offer?

I found the home I like, how much should I offer?

There are several things you should consider. First off, you may want to ask your professional Real Estate Agent about his/her advice. Is the asking price comparable to prices of similar homes in the area?, Is the home in good condition or will you have to spend a substantial amount of money to make it the way you want it? Most seasoned agents will know what to look for and can do a basic inspection of the home for you, they will know what it takes to have a home with current amenities, what things are code and what is required by the city you live in. after all, they study homes and prices everyday for a living. You may want to get a pre- Home inspection before you make your offer. Your real estate broker can help you with that. Your Realtor can find out how many days the home has been on the market? If it’s been for sale for awhile, the seller may be more eager to accept a lower offer. How much do you really want the home? The closer you are to the asking price, the more likely your offer will be accepted. In some cases, you may even want to offer more than the asking price, if you know you are competing with others for the house.

 

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