That really depends on the specific situation. If you're offering 30K less on a 1Mil property - I'd probably say no big deal. If you're offering $30k less on a $50K home, that might not fly.
Ultimately it all depends on your goals. Do you "NEED" this house? or can you find another? What is your motivation for the purchase? Are you just looking for "a deal?" or do you have specific needs and very few homes fit those needs?
There are a lot of questions that need to be answered to give you a good answer to your question.
Do you care whether you get this particular home or not? If so, then make your offer accordingly. If you don't care either way and know that you'll find something else that you like just as much for the same or better money, then have at it! Low-ball away - but don't be disappointed if you don't get very far.
The investors who routinely low-ball properties know in advance that they'll only end up buying 1 out of every 20-30 homes they put offers in on...they're ok with that because it works for them. Do whatever is right for your particular situation and you'll be fine.
If I can be of any further assistance, please don't hesitate to contact me at http://www.HernandoLuxuryHomes.com
- I'd be happy to help however I can!