First National Realty
6423 Summer Gale Dr
Memphis, TN 38134
OFC: (901) 255-2745
It is very common for an offer to come in quite low these days. Buyers are fishing to see where the bottom is on each transaction they do. Even if the home is priced right and in great shape, buyers will still try to get the lowest price. That doesn't mean that the sellers will accept a low offer. This is usually just the starting place for negotiations. If you are the buyer and you are making a low offer, be prepared for the seller to get their feelings hurt a little bit. It can be very trying to sell in this market and sellers are already frustrated. If you are the seller, counter back.
No way to answer this question without knowing more about the property, primarly location and other conrtions of the property and sale. The listing price could be too high, it could also be too low. You would need to know more about other sales in the area and the circumstnces of those sales. I don't think any offer is too rude, just may not be good enough to win.
What has your agent told you? What has been their advice on an offer and the location, condition, comparable sales in the area? Take all these things into account.
Let me know if I provide any information
Mortgage Loan Officer
BenchMark Realtors, LLC
BenchMark Mortgage, LLC
Hope this was helpful!