Home Buying in Saint Joseph>Question Details

Emily Zeman, Home Buyer in Saint Joseph, MO

We are looking to buy our first home in St. Joseph. Question about offers.

Asked by Emily Zeman, Saint Joseph, MO Tue Oct 9, 2012

We know that we need to talk to our Realtor about this but want others opinions also. When making an offer on a home. Do we offer less than asking price, if so how much. A home that we are looking at is priced at 134,900. If we decide to get this house, how much should we offer them. We are wanting to get most or all of closing costs payed for. Thanks for your advice.If more information is needed, just ask and I'll update.

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Yes you should talk to your agent for sure. There are many different circumstances that can affect the price of homes. Your agent should be able to help you make an appropriate offer.
1 vote Thank Flag Link Thu Oct 11, 2012
Your Realtor IS the best person to ask! There is no good formula for how much to offer compared to list price. It depends on how accurately, competitively, aggressively the house was priced to begin with. Your Realtor can check comparative sales in that neighborhood and/or for that type of house. He/she can check the history of the property for prior sales records. Keep in mind, if you are asking the sellers to pay your closing costs, that comes right off the top of their proceeds. The sellers will be paying the Realtors' commissions as well. Talk to your Realtor, he/she is the professional!
0 votes Thank Flag Link Thu Jan 10, 2013
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