Do you have a buyers agent? If not I would consider hiring one in order to determine the true value of the home. I suggest you use the "find a pro" feature here on trulia to find an agent to work with.


Sean Dawes
Long and Foster Real Estate Inc.

It really depends on what the house is worth?
Is it worth $95,000 or is it worth $135,000?
If it worth only $95K, you might be offering too much.
If it is worth $135,000 you might have to add closing costs to the list price to get it.
I haven't looked at Mansfield prices in a while, but in many of my target neighborhoods, homes are selling for approx 97% of list price. Often if the buyer needs closing costs these are then added back in to the equation.

In the end it really just depends on the deal....each is different.

What does your realtor say? If you don't have one you need to get a buyer's agent.
Let me know if you need help. This is normally at no cost to you. Even if you want to buy a new home.

Bruce Lynn
Prudential Texas Properties
214-675-6992

GREAT QUESTION:

Where is your buyers agent who should be assisting in submitting an offer. Research is involved prior presenting a sale offer only an agent working on your behalf can answer all your questions.

National Featured Realtor and Consultant, Mortgage Loan Officer, Lecturer regarding Credit Repair
~ Lynn911~