Home Buying in Jacksboro>Question Details

Valerie, Home Buyer in Tennessee

The house I am interested in is 115 McDeerman Rd

Asked by Valerie, Tennessee Sat Sep 13, 2008

in Jacksboro, Tn. My realtor has showed it to me several times and I really liked it. It has been on the market for approx. 3 months. It is priced at $89.9 which everyone has agreed is overpriced. What would be a reasonable first offer to make on this? I don't want to go too low and risk offending the owner, but I also don't want to be overpaying for a house, even though I really liked it. I was wanting to try to stay around $80,000, to keep my payment where I'm comfortable, but I'm not sure if that's too low of an offer.

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Just found the home on the MLS. It has been on the market for 85 days.
There has been a price reduction of 9,000.00 with in the last few weeks.
Again, sit down with your agent and make your offer and see if the seller either excepts
or counters.
Web Reference: http://www.lilorealtor.com
0 votes Thank Flag Link Sat Sep 13, 2008
It is 115 McDeerman Road. It's MLS # is 620720. As far as closing costs with the type of loan I have they're to be included with the loan itself,so I'm not really sure how all that works. My mortgage broker keeps saying that it doesnt matter if they will pay it either way because it has to be financed with the loan. So I'm not sure if that would be that much less they would take off the asking price. This has been a very frustrating process, between the real estate agent and mortgage company I never seem to get any of the questions answered that I have. I honestly feel like they are just blowing me off because I'm not looking to buy a very expensive house.
0 votes Thank Flag Link Sat Sep 13, 2008
The MLS brief also says they will pay half of closing fees that is if it is 151 Mcdeerman not 115 McDeerman and on market for 6 months price has not been reduced also a 3 thousand dollar buyer insentive . Where did the info on dom come from ? If it is 115 could not find in the mls 151 McDEERMAN is listed for $79,900 Dom 180 days
Web Reference: http://margaretrodgers.com
0 votes Thank Flag Link Sat Sep 13, 2008
Best way to find out make an offer. 80,000 is a pretty good offer. Worth to find out and give the seller a chance to maybe come back with a counter offer
Lilo Clacher
CRYE-LEIKE REALTORS
Cookeville, TN 38501
Web Reference: http://www.lilorealtor.com
0 votes Thank Flag Link Sat Sep 13, 2008
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