Buying First Home, Any Advice? | |
KingSideCastle
(OP) User ID: 77780347 United States 01/10/2021 05:26 PM Report Abusive Post Report Copyright Violation | They want $50,000. We want to pay straight cash. Should we make an insultingly low offer? Quoting: KingSideCastle Yes-low ball.Stay away from schools and water. Thanks for the advice. So like how much would you offer? The "tax evaluation" on Zillow is only like $15,000, but those seem to vary wildly and I don't know what they are based on. This is in rural Virgina for all of you wondering. We are looking at a much better house for $76,000 now, won't be able to pay straight cash but that's OK. Thank you for all the advice. I just don't want to get RAPED by countless inspections and scammers. It seems to me that to have a professional whatever come look at something for a couple of hours should cost like $150? But I have a feeling they're going to charge me like $1,500? Any more tips would be great guys I am learning a lot. |
Anonymous Coward User ID: 717315 United States 01/10/2021 05:48 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 717315 United States 01/10/2021 05:49 PM Report Abusive Post Report Copyright Violation | |
President Elect dodger007
User ID: 77690112 United States 01/10/2021 06:03 PM Report Abusive Post Report Copyright Violation | Why do you want to insult someone? Quoting: President Elect dodger007 If you want to buy the house, bargain in good faith. As a former Realtor, saw many sellers say GTFO to lowball offers and refuse to even deal with them. Even if they come back to you, they might just insult you back. Nothing like starting a business deal with someone you anger You are right, I was really just joking. But let's say the house is listed for $100,000. What is a realistic price to offer? $90,000? I've never bought anything that cost more than $5000 in my life (except my god damned student loans). Get your Realtor ( who should be a buyers agent by agreement) to dig up the comparable sales and listings that the sellers used to set their price. Look at the amenities and condition of recent resales nearby and compare. More land or less? Age, condition of the house and all fixtures and attachments...roof, hvac, appliances, windows, plumbing, siding, paint. Better or worse than other resold property in the same price range. Check out the neighborhood...crime, junk cars, rentals vs owners, traffic, etc. talk to the neighbors about why the sellers are moving, if they tell you. What is the tax assessed value? ( not always a good comparison) What is the csf of new build? Go look at every nearby property in same price range. Then you are ready to bargain and have proof of why your offer price is below asking, because of repairs and upgrades you will have to make You can count on America to do the right thing after exhausting every other alternative." Winston Churchill |
President Elect dodger007
User ID: 77690112 United States 01/10/2021 06:03 PM Report Abusive Post Report Copyright Violation | Why do you want to insult someone? Quoting: President Elect dodger007 If you want to buy the house, bargain in good faith. As a former Realtor, saw many sellers say GTFO to lowball offers and refuse to even deal with them. Even if they come back to you, they might just insult you back. Nothing like starting a business deal with someone you anger You are right, I was really just joking. But let's say the house is listed for $100,000. What is a realistic price to offer? $90,000? I've never bought anything that cost more than $5000 in my life (except my god damned student loans). Get your Realtor ( who should be a buyers agent by agreement) to dig up the comparable sales and listings that the sellers used to set their price. Look at the amenities and condition of recent resales nearby and compare. More land or less? Age, condition of the house and all fixtures and attachments...roof, hvac, appliances, windows, plumbing, siding, paint. Better or worse than other resold property in the same price range. Check out the neighborhood...crime, junk cars, rentals vs owners, traffic, etc. talk to the neighbors about why the sellers are moving, if they tell you. What is the tax assessed value? ( not always a good comparison) What is the csf of new build? Go look at every nearby property in same price range. Then you are ready to bargain and have proof of why your offer price is below asking, because of repairs and upgrades you will have to make You can count on America to do the right thing after exhausting every other alternative." Winston Churchill |
lightchild_uk
Waiting for IT User ID: 79876398 United Kingdom 01/10/2021 06:24 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78349802 United States 01/10/2021 06:32 PM Report Abusive Post Report Copyright Violation | They want $50,000. We want to pay straight cash. Should we make an insultingly low offer? Quoting: KingSideCastle $50k ?? Wtf? Is it a trailer in a trailer park? not everyone lives in CA or NY dude, 50k can buy decent housing in areas that arent vastly overpriced due to wealthy fuckers raping everyone and massive immigration The retards from those states are buying up homes because they are afraid of the big bad virus. Moron biden will have too much money printed and will let in every immigrant imaginable and they too will buy up houses. |
AdorableLittlepixie
User ID: 76811051 Australia 01/10/2021 06:44 PM Report Abusive Post Report Copyright Violation | Please don't do it until you have read and understand all of agenda 21 before you buy any property. Also I haven't seen mentioned: It is a good idea to check with your local authorities (councils/shires) for any and all proposed upcoming roads/facilities planned for the street/neighborhood. You don't want to end up with them taking 5 - ? feet from you for new road frontage or a bicycle lane. Check that the area wasn't a waste dump years ago. What was on the site and surrounding area before the current houses. AdorableLittlepixie I am safe and protected with every step I take with everybody always. |