I'd say $153,900

Make it look like you thought about it, but still give them room to counter.

> -----Original Message-----
> From: Jim Davis [mailto:[EMAIL PROTECTED]
> Sent: Monday, December 12, 2005 11:51 PM
> To: CF-Community
> Subject: How much to offer for a house?
> 
> We were planning on moving in the summer (after my son is out of school)
> but
> my wife has found her "perfect house".  Now we're not sure how to proceed.
> 
> The house is a gorgeous old Victorian.  Quite a notch larger than we
> really
> need, but with plenty of room for family.  It had a new roof in 90 and a
> new
> furnace in 97.  From the (few and small) pictures it looks to have been
> very
> well maintained and kept up.  It's only 11 miles from my new office and is
> a
> 50'x165' lot (so it's got to have a sizable yard).
> 
> Here's the listing:
> http://www.scrantonpamls.com/scr/maildoc/CAAa003v0.html
> 
> It's at the upper zone of our "comfort" limit (where the monthly costs of
> the house won't be much more than the monthly costs we have with rent
> right
> now).  I would have like something lower (much lower actually) but we can
> definitely afford it without worry and my wife is in complete LOVE with
> it.
> 
> When we called real estate agents on the listing they treated us as if
> this
> were a suggestion - something to inform looks at other houses.  That would
> be fine but they didn't seem to take our interest in THIS house very
> seriously.
> 
> (One woman sent us this listing as well:
> http://www.scrantonpamls.com/scr/maildoc/a006_w.html which makes me think
> she wasn't taking us seriously... these two places just aren't in the same
> class.)
> 
> So any ideas on how to proceed.  I don't want to lose the place just
> because
> the agents aren't paying us enough attention.  I'm tempted to make a bid
> outright (preferably, of course, pending inspection and a visit or two)
> just
> to make sure that we get a chance to on it if there are other bidders.  At
> the same time I'd love to push the sale off for another four months...
> 
> Anyway... what do you think a decent opening offer is?  I've never done
> this
> before - I don't want to be insulting but at the same time I don't want to
> spend more than I need to.
> 
> Since the house is listed at $175,000 I'd be thinking anyplace from 150 to
> 160 as an opening bid.  What do you think?
> 
> Also how long does the process usually take (in our case the longer the
> better) and how much should we expect to pay out in closing costs?
> 
> Thanks in advance - and wish us luck!
> 
> Jim Davis
> 
> 
> 
> 

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