It doesn't cost you anything to negotiate. Depending upon how long the house is on the market and the seller's motivation, you never know. I would, however, start looking at homes more within a reasonable range to my buying range...no point setting yourself up for disappointment.
Hi, If you are looking in the Wallkill Area for a home about $300K, Call me, I have a beautiful totally renovated colonial that is about to go on the market! Once this home hits the listing it will go fast! Call me today 845-591-4724 for a pre listing showing!
The Wallkill area is my specialty. As the previous answer stated, it does not hurt to negotiate. However, wtih a difference of $75,000 to $100,000, you are better off looking at homes around the $340,000 range. Sellers have been coming down in their prices in this area. They probably feel at $400,000 that they have already compromised to that number, why should they go even lower? If you would like me to send you some listings in the Wallkill area, feel free to contact me at 845-781-0706. My name is Susan Mohart of RJ Smith Realty. Feel free to visit my website at http://www.mywallkill.com.