VolMax
Well-Known Member
- Joined
- Sep 22, 2007
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Is it possible to make an initial offer that is too low?
I say no. You stand a let better chance if you can justify the price with comps. Some people will be "offended" by a low offer. I laugh at that. I always try to get a good deal, right? I tell sellers don't get offended, just counter or reject the offer.
I have a buddy looking for a lake house up to $750,000 and we've looked at houses up to $950,000. They had tons of equity or were estate sales where they could take $750,000. Worth a shot, IMO.