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Red Boiling Springs : Real Estate Advice

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Mon Mar 22, 2010
David M. Mcclard answered:
Hi Gloria:
I just received this inquir from Trulia.com. I'm not sure when you asked the question.
"If a seller is asking 199K and total market appraisal is 250K, what is a reasonable bid offer"??

There are several other items that I would need to know including, but not limited to: What is the Tax Valuation for the property, What are the ameneties, what part of the County is it located, what is the source of the "Market Appraisal" , and what is the sellers reasons for the sale?

Just looking at the question alone, I'd say if a property has a value of 250K and the seller is asking 199K and there are "NO ISSUES" that would be a detrament to the property, 199 sounds like a deal. But in real estate as in most things, if it sounds too good to be true, you better dig a little deeper.

If I can help, don't hesitate to call on me.

David McClard Exit Realty Group 655 3551
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