> Jon- comments inline... > > All of you guys have so much worldy experience, maybe you guys can > > help...I'm buying my first house and I just learned that I've been > > preapproved for my mortgage, but I was wondering, are houses negotiable like > > cars, or should I just take the asking price? > > > Housing prices are totally negotiable, as are terms. > When we bought our house (long ago), we got the impression the seller > was not flexible on price but was flexible on terms. So we negotiated > a longer close and them taking back a second mortgage, > but met their price.
Yes, yes. My roomate just sold her house. She allowed up to $3,000 off the price for any repairs that the buyers felt were warranted. The buyers wanted $3,800 worth of repairs (new carpet, paint, etc.). So, at their request, she set the official price of the house at $1,000 less than the original. This included subtracting the $3,000, but then adding $2,000 back on. So, the buyers get $3,000 off but get a loan for $2,000 more than they are really paying for the house. They keep the extra $2,000 to pay for the extra $800 in repairs, plus any others they decide on. Everything is negotiable .. depending on the seller. ______________________________________________________________________ This list and all House of Fusion resources hosted by CFHosting.com. The place for dependable ColdFusion Hosting. Archives: http://www.mail-archive.com/[email protected]/ Unsubscribe: http://www.houseoffusion.com/index.cfm?sidebar=lists
