Re: Lowball Offer on House
The key wording was "roof of my choosing, not to exceed $10K expense to seller". Basically that means I hire a roofing company get an estimate and have them do the job. If I get a $15K roof, seller is only obligated to pay $10K of it. I am not putting myself in danger of being dissatisfied with the roof because I am choosing it.
Selling agent said they are going to get an estimate on how much it will cost to replace. I am going to wait to hear back before I counter. If roof estimate isn't too high, I may counter at $255,000 and ask him to pay my closing costs. Because I have raised my price to $250,000 I feel like I need to keep it up around that level, so I am trying to find a way to still get a good deal and offer in the $250s.
Somebody mentioned that I seem to like this house. That is true. This is going to be my primary residence. But I still think I can get the best of it because I am willing to walk away and rent an apartment for 6 months if necessary.
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