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Old 04-05-2007, 01:19 PM
w_gibbs w_gibbs is offline
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Join Date: Dec 2004
Location: State College, PA
Posts: 482
Default Re: Lowball Offer on House

Well the seller came back and said "$265,000 is as low as I can go" which is pretty discouraging. Doesn't seem this guy is motivated at all. His agent said to mine "I think if your guy came back at $255,000 or $260,000 the seller might be tempted and move off his price." I read that as the selling agent trying not to lose me and trying to get me to make a big jump from $237,500. I think the seller's actual rock bottom is probably $260,000 so it will take some work to make it to $255,000. I can't believe the guy would list at $269,500 if $265,000 was really "as low as he can go." You guys ever been in a similar negotiating situation?
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