Whatever a seller will accept.......every sellers motivation is different. I usually recommend that will not insult the seller.
If a property is $225K I would recommend coming in at 201K
Hope this helps.
Remember if you want the property and know its the one for you have a buyer agent do the comp study and if the comps are there pay the price.... more
Kz in my area there are people that use the USDA RD loan and no one has told them that they can not qualify. The main differance between USDA and FHA is that with USDA you can finance 100% of the purchase price. The property has to be in a USDA qualifing area to use the USDA loan product.... more