a trailer with land 4 61900. they bought at auction 4 18300 have redone inside. most recent comp 45k. what should first offer be?

Asked by Cjay1225, 33908 Tue Jan 31, 2012

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John Bennett, Agent, Orlando, FL
Tue Jan 31, 2012
If the comp is indeed comparable, 45k- What they paid, and what they ask has nothing to do with current value.

1 vote
James Ryan, Mortgage Broker Or Lender, Leesburg, VA
Wed Feb 1, 2012

You should offer the lowest amount the seller is willing to accept, no more...
Buying a home is not much different than buying a car. Comp sales (year and models) are similar and used car prices are based on those figures (blue book etc).

Open low, take a counter, meet in the middle...Haggle!!
Good luck, Jim
0 votes
Marc Comisar, Agent, Bonita Springs, FL
Tue Jan 31, 2012
Ask your Realtor

0 votes
Susan Callah…, Agent, Fort Myers Beach, FL
Tue Jan 31, 2012
Apparently you not working with a Realtor and now you're looking for our advise.
If you were working with someone they would be able to answer that in a matter of minutes.
By not working with a Realtor the seller is enjoying the discount not you.
Good luck to you !
0 votes
Bill Eckler, Agent, Venice, FL
Tue Jan 31, 2012

Would agree.....additional information is needed to provide meaningful insight....single wide, double wide, amount of land, out buildings, age of unit, etc.

If financing, keep in mind that it may be difficult to obtain insurance on an older unit.

Good luck,

0 votes
Marc St Mart…, Agent, Fort Myers, FL
Tue Jan 31, 2012
Hi Cjay1225,
Not enough info here to do a market analysis to determine the current market value however if $45,000 is a true comp then start close to that. Listingbook pulls sales data right from our MLS. Try it. If you need help, just give me a call.

239-691-7737 Cell
0 votes
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