What is a fair offer for a home in 10994 that needs some work the asking orice is $410K...?

Rockland
Home Buyer
New City, NY

Answers (3)
Jennifer Mallory
Agent
West Nyack, NY

Hi, Home Buyer:
Without knowing the specifics of this house or this neighborhood, your question is impossible to answer! The value of a home is determined by many factors -- location and condition are just two. Certainly what comparable homes have sold in the area will also affect the value.

There are other factors -- such as why the owner is selling, if the home is a short sale or a foreclosure, when you can close, and what your financing package is which can also be factors is getting the best deal on a home.

A thorough, experienced agent will help you put together an offer package that takes all of these variables into consideration, and helps you present the strongest offer. Sometimes it is NOT the highest offer price that gets the deal.

Good luck!

Regards,
Jennifer Mallory
Associate Broker
Keller Williams Hudson Valley Realty
845.521.3135

Mon Sep 21 2009, 08:53
John Maiorano
Agent
New City, NY

There are so many other things to take into consideration before knowing the "true" value of a home. It doesn't matter what the asking price is.......could be higher or below market. This is why a homebuyer needs a professional Realtor to represent their interests. A Realtor will provide you with information and insight that is needed to make the right decision.

I am onr of the areas Top Agents. If you would like the right representation, contact me at 845-639-4440.

Sincerely

John Maiorano, Licensed Realtor, GRI
Joyce Realty

Mon Sep 21 2009, 08:20
Maureen McEnroe
Agent
10965
FIRST ANSWER

Hi Home Buyer,

Without knowing the size and condition of the house and how much work needs to be done it is hard to earmark a fair market price. If you give me more details I can give you an indication of what similar properties have sold for in teh same town.

Good luck--there are some great houses on the market at reasonable prices.

Maureen McEnroe
Joyce Realty
914-588-1873
mmcenroe@joycerealty.com

Mon Sep 21 2009, 07:49

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