Buying A Home
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Putting an offer
We are waiting to hear back from them. The CMA says $239 but they have it listed for $259,900 so our first offer was $242 and 3% closoing. They came back with 257K and 5K in closing. Now we said 249K and 5K closing.
The home is nice but I think in my heart i don't want to pay more than 251K. I think my hubby would go up to 255K.
I think we are being reasonable especially since appraisal records show the highest appraisal was at 242K and I think that is when they bought it, pretty much since them it has stayed within 220k-230k range. Any thoughts?
Warning
No formatter is installed for the format bbhtml
Re: Putting an offer
Just make sure you are happy with whatever price you agree on and if the appraisal comes in lower be prepared for another battle. Hopefully it will come in at value but if not they may not want to budge.
We do not live in a high cost of living area and by no means is this considered low income housing where we live.....just saying....
I'd stick to what you and your hubby can afford and feel comfortable with. You don't want to pay more than you can afford or it's worth. It might be hard, but if they won't drop to where you want to be you might have to walk away.
Also, I never thought of $200,000+ home as low income housing either. And I live in NJ.
That's a really snotty comment. In some areas, $250k will buy a mansion and in others it will buy a shanty.
The biggest thing with houses is to keep a level head and not get emotional, which actually it sounds like what the other side is doing. If they won't meet you, then move on. Don't get your heart set on a house offers have gone through and the home inspection.