Posted by Randy on September 10, 2003 at 15:36:02:
If this was your 1st offer?tell them your price is set in stone. If you can?t buy it at a price that allows you to profit DON?T BUY IT!
If they haven?t sold it in a week, offer $5k LESS. Keep lowering the offer till they accept or sell it to someone else. If you consider the low end of the comps $95k paying $80k that?s 85%LTV, the maximum you should expect for N/O/O. Your paying retail.