Home Buying in Hurley>Question Details

anybodythere…, Home Buyer in Saugerties, NY

If a home is need of alot of work, a new roof, some water damage etc....how low can you go on the price ?

Asked by anybodythere08, Saugerties, NY Tue Jun 25, 2013

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Have your contractor give you an estimate for the repairs and make an offer based on this.
0 votes Thank Flag Link Wed Jun 26, 2013
What does your REALTOR say? Hard for anyone here to give you a definitive answer. It all depends on "Fair Market Value" -- basically what similar homes have been selling for in that area. It's possible that this home is priced at or very close to fair market value, and it's possible your area is in a seller's market right now. You might have to offer full price or very close to it. Again, you should be talking to your REALTOR. He/she is the expert and knows your local market conditions and can do a market analysis for you.
0 votes Thank Flag Link Tue Jun 25, 2013
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