I have worked with buyers in a similar situation to you - unable to find the home they wish to buy in the price range they wish to pay. There will be a home or homes that come onto the market that you will want to consider. You must be patient if you are unwilling to change your criteria. For one client, we went into a neighboring town where values were significantly lower that where they were looking. For another client, we just waited until the home of her dreams came on the market, saw it and wrote an offer on the spot.
The parameters that are most important to you will drive your search. If you must move because of a job change, lease ending or another child, the need to move will trump most other concerns. If you will not pay more than a certain amount each month, then other factors such as location or condition may become less important.
I trust you are working with an experienced agent who can advise you as to what is reasonable and what may not be achieveable. Good luck with your search.
Work with a Buyers Agent (who will represent you - NOT THE SELLER).
A buyers agent can advise on what to offer, and would not fall pray to the "I have other offers coming". Remember, the selling agents job is to get the highest offer for the seller.
If, I acan be of assistance, please give me a call or email me.
i have a buyers agent who has been very good. she suggests from looking at the market that i should make an offer for 300k and 8k closing cost pay back.so they get 292k.
she is pointing that this house is best we have seen in this price range[we saw about 15] and also that its not in any bank or foreclosure issues. the owner wants it sold but seems not to be in any hurry so she wants to make a reasonable offfer.
#1 The "showing" agent you speak of works for the seller, not you, and legally they are obligated to the seller, so you need to get yourself a buyers agent that works for you only.
#2 Don't let other potential offers pressure you into submitting a quick offer or over paying (this sometimes happens to buyers and it can put you in a serious bind when you go to resell).
#3 $280,000 seems like a fair offer price although that is a 10% discount off the current asking price so be prepared to negotiate. If I knew the actual area I could tell you if that is reasonable compared to recent sold data.
hope that helps. And seriously consider my #1 piece of advice.
Best part is it is in a very good school district to boot. I think if i finish the bottom floor which only does not have heat and put 2 garage doors the value of the house is going to go up quiet a few bucks,
now i have to make an offer i am thinking 280k is it too low.
showing agent mentioned she got 4 calls and we are the only one to see it. it was listed at 330k and now is at 310k.