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Jeff Warlick

  • 1 Helpful Answer
  • 1 Answer
  • 11 Listings
Agent at PEACHTREE FINE PROPERTIES
Certifications
& Awards:
Seeking more education to improve his knowledge, Warlick's designations include Real Estate Broker, Graduate, REALTOR® Institute, e-Pro and Luxury Home ... show more
Interests:
Warlick enjoys running, scuba diving, snow skiing, sailing and playing golf ... show more
About:
ABOUT PEACHTREE FINE PROPERTIES
Peachtree Fine Properties is an independently owned and locally run real estate firm. The management of Peachtree Fine
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Testimonials:
"Outstanding!! That sums it up. We are so thrilled with Christine's professionalism and personality. We really worked well together. I would recommend ... show more

They countered full price. What to do?

Jeff Warlick answered:
K- That is a great question and one that all homebuyers are asking these days. I would recommend that you ask your agent to prepare a comparative market analysis and competitive market analysis. The comparative report should compare active listings and under contract homes to the home that you are buying. The competitve report will compare the home to comparable homes recently sold. Any feature differences should be reflected in both reports. Also, you should request an appraisal contingency in your contract. This states upfront that you are requiring the home to appraise for at least the sales price. If the appraised value is less than the sales price, then you can choose to add more money to the downpayment, ask the seller to reduce the price or not buy the home. But in the end, only you can determine if the home is worth the price to you considering your future plans. I wish you the best. - Wed Jun 25 2008, 08:32

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