LIFamilies.com - Long Island, NY


RSS
Articles Business Directory Blog Real Estate Community Forum Shop My Family Contests

Log In Chat Index Search Rules Lingo Create Account

Quick navigation:   

If you purchased your home recently...

Posted By Message

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

If you purchased your home recently...

how much did you offer compared to asking??

there is a house I have my eye on...its been on the market 6 mos+, but they have only lowered there asking price by $10K....and that was 3 months ago. Its low priced for the neighborhood, but it needs updating..

Posted 6/27/06 9:42 AM
 
Long Island Weddings
Long Island's Largest Bridal Resource
  |   Prudential Douglas Elliman Real Estate

schnapy
LIF Adolescent

Member since 9/05

766 total posts

Name:
Diana

Re: If you purchased your home recently...

asking was 429 we settled on 400k

Dont be afraid to make an offer you never know

Houses are sitting longer and some sellers are getting desperate

Posted 6/27/06 9:52 AM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: If you purchased your home recently...

Posted by schnapy

asking was 429 we settled on 400k

Dont be afraid to make an offer you never know

Houses are sitting longer and some sellers are getting desperate



what was your original offer?/

Posted 6/27/06 10:04 AM
 

CellarDweller
LIF Adult

Member since 11/05

1562 total posts

Name:
Jennifer

Re: If you purchased your home recently...

We just bought a house that had been on the market 6 months and had already been lowered $20K. We offered $70K below asking and then settled on $30K below asking.

It really cannot hurt to give it a shot. Good luck!!Chat Icon

Posted 6/27/06 10:14 AM
 

Freddie
LIF Adult

Member since 3/06

1162 total posts

Name:
Freddie

Re: If you purchased your home recently...

We bought over a year ago, but it had slowed down. It was on the market 2 months - they had alreayd lowered it 2x by $40K and we offered $19K less than that



When the house is on longer - you might have more flexible owners. When we sold our first place we accepted 11K below asking when we hit the 3 month mark (although we may have accepeted that earlier - but didn't get the number in the beginning)


I will say - don't be insulting. Someone offered $50K less (which was also 20K less for the smaller place down the block) and when he finally came up - we chose a different buyer.

Posted 6/27/06 10:15 AM
 

schnapy
LIF Adolescent

Member since 9/05

766 total posts

Name:
Diana

Re: If you purchased your home recently...

Posted by Meaghan729

Posted by schnapy

asking was 429 we settled on 400k

Dont be afraid to make an offer you never know

Houses are sitting longer and some sellers are getting desperate



what was your original offer?/



our original offer was 390

Posted 6/27/06 10:19 AM
 

maryg
LIF Infant

Member since 5/06

196 total posts

Name:
Mary

Re: If you purchased your home recently...

House I am buying was $389,900, was on the market 3-4 months. Had an offer that fell through. We offered $365 first, then settle on $375. House across the street is selling for $450. They are looking to move out before the school year and they are moving across the country somewhere. This house is in great condition, but small.

Posted 6/27/06 11:00 AM
 

MrsRbk
<3 <3 <3 <3

Member since 1/06

19197 total posts

Name:
Michelle

Re: If you purchased your home recently...

the original asking price was 820k, we offered 800k, they countered at 805k, we said okay, but they had to throw the washer and dryer in (which originally was not coming with the house).

Posted 6/27/06 11:19 AM
 

Eva Luna
Be kind...life's hard!

Member since 8/05

4750 total posts

Name:
God, bless & heal my DH, JenG's DH Rob & DebG

Re: If you purchased your home recently...

We bid $100 over asking and got it!! Chat Icon We were going to offer 3% less than asking because the market here is nowhere near what it's like in NY. But there were other offers (go figure! Chat Icon ) and we were afraid we'd lose it...so we bid asking...and then some!! Chat Icon Chat Icon

Posted 6/27/06 11:26 AM
 

kaklesmay
Love my baby boy!

Member since 9/05

1151 total posts

Name:
Kim

Re: If you purchased your home recently...

Offered $25k less than asking
Bought for $20k less than asking

Posted 6/27/06 11:30 AM
 

MrsRbk
<3 <3 <3 <3

Member since 1/06

19197 total posts

Name:
Michelle

Re: If you purchased your home recently...

Posted by schnapy

asking was 429 we settled on 400k

Dont be afraid to make an offer you never know

Houses are sitting longer and some sellers are getting desperate



True... there's a house on my block that's been on the market for a long time (it's a gorgeous home too) They've already dropped the asking prince twice. It's 50k lower than what they were asking

Posted 6/27/06 11:40 AM
 

Jessee
LIF Adult

Member since 3/06

1260 total posts

Name:
Jessee

Re: If you purchased your home recently...

One home we were interested in started at $140K OVER what we settled on (we decided against it once they finally accepted our offer, but they clearly started way too high). Needless to say, it's STILL on the market - I think it's been ca. 8 months.

Posted 6/27/06 11:56 AM
 

~Colleen~
my loves...

Member since 5/05

9129 total posts

Name:
guess

Re: If you purchased your home recently...

We offered $20k below asking...they countered with $10k below asking and then we countered with $13k below asking and that was what we all settled on Chat Icon

Posted 6/27/06 2:36 PM
 

Bebalina
<3

Member since 6/05

2922 total posts

Name:
N

Re: If you purchased your home recently...

25k below asking

Posted 6/27/06 3:03 PM
 

patti08
Happy

Member since 5/05

3893 total posts

Name:
Patti

Re: If you purchased your home recently...

Asking 450

Offered 425

after some negotiating setteled at 440

Posted 6/27/06 3:46 PM
 

CkGm
They get so big, so fast :(

Member since 5/05

13848 total posts

Name:
Christine

Re: If you purchased your home recently...

The house we got was on the market for 4 months and they only dropped the asking price 11,000.

We offered $30,000 below their lowered price and settled at $21,000.

Posted 6/27/06 4:11 PM
 

2Pisces
Life Coach

Member since 2/06

3337 total posts

Name:
Paige

Re: If you purchased your home recently...

We bought our house last year...but it was priced to sell. If we had offered a penny less than what it was up for we would have lost it...and we did NOT want to lose the house.
Chat Icon

Posted 6/27/06 4:47 PM
 

Mommy2Boys
My Boys!!!!

Member since 6/06

14437 total posts

Name:
C

Re: If you purchased your home recently...

Asking $689

Offered $660

Settled $672

Posted 7/3/06 12:15 AM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: If you purchased your home recently...

if it's been sitting for that long, I would offer at least 10% below asking, if not more. especially if it needs updating.

Posted 7/3/06 8:07 AM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
For those who have purchased a home in the last 6 months on LI Blu-ize 8/9/06 27 Home
Has anyone purchased a home/condo/coop through a forecloseure? baghag 2/15/06 2 Home
Of course DH rushes home tonight to watch NCAA tourney CathyB 3/23/06 0 Families Helping Families ™
Need some help with what i need to bring home baby.. CJC25 3/23/06 3 Parenting
How did you furnish your home? BabyAvocado 3/22/06 26 Home
Are You Selling A Home? LIFamilies 6/30/05 0 Home
 
Quick navigation:   
Currently 402357 users on the LIFamilies.com Chat
New Businesses
1 More Rep
Carleton Hall of East Islip
J&A Building Services
LaraMae Health Coaching
Sonic Wellness
Julbaby Photography LLC
Ideal Uniforms
Teresa Geraghty Photography
Camelot Dream Homes
Long Island Wedding Boutique
MB Febus- Rodan & Fields
Camp Harbor
Market America-Shop.com
ACM Basement Waterproofing
Travel Tom

      Follow LIWeddings on Facebook

      Follow LIFamilies on Twitter
Long Island Bridal Shows