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#3151684 - 02/04/13 05:35 PM Re: Make an offer [Re: cecil30-30]
Buzzard Breath
8 Point


Registered: 07/31/06
Posts: 1640
Loc: East

Offline
That's a Fannie Mae owned property. No offer will insult them. You need your own Realtor to just submit a bid. It's selling through the HomePath system. They will sell it to the highest acceptable bid. If they don't get a bid high enough, they just won't sell it.
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#3151700 - 02/04/13 05:51 PM Re: Make an offer [Re: Buzzard Breath]
Deer Assassin
Non-Typical


Registered: 08/01/03
Posts: 86964
Loc: Kingston Springs

Offline
good luck id offer 120
_________________________
Drag Racing

Spending money I dont have

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#3151759 - 02/04/13 06:27 PM Re: Make an offer [Re: Deer Assassin]
Carlos Viagra
16 Point


Registered: 11/20/04
Posts: 13810
Loc: Cumberland Plateau

content Online
I bought mine thru the same program. They were asking 140K and I offered 95K. They said my offer was too low and they couldn't even begin to counter such a low amount. Then I waited a month. Get this- they dropped their price down to 113K and never contacted me! I happened to check back into the online listing and was thrilled! We went back and forth until we finally settled for very close to 95K. Don't be afraid to offer a lower number. Like posted above, hire a Realtor that you trust.

Best of luck to y'all Cecil!

Btw- in my opinion the bathroom that's been started and not completed takes away from that property so you can use that to bargain.
_________________________
Do not be slothful- for yesterday and tomorrow are thieves of today.

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#3151761 - 02/04/13 06:29 PM Re: Make an offer [Re: Deer Assassin]
TN Larry
10 Point


Registered: 09/17/03
Posts: 2965
Loc: Baxter, Tennessee

content Online
It is owned by a Mortgage Company according to TN property data. It may be a repo. I don't think any offer would offend them.
_________________________
I pray to fish until my dying day. When it comes to my last cast, I then most humbly pray, when in the Lord's safe landing net & I'm at peace that in His mercy I be judged big enough to keep.

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#3151773 - 02/04/13 06:34 PM Re: Make an offer [Re: Carlos Viagra]
Carlos Viagra
16 Point


Registered: 11/20/04
Posts: 13810
Loc: Cumberland Plateau

content Online
Is it a foreclosure? How long has it been on the market.
_________________________
Do not be slothful- for yesterday and tomorrow are thieves of today.

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#3151781 - 02/04/13 06:38 PM Re: Make an offer [Re: Carlos Viagra]
Buzzard Breath
8 Point


Registered: 07/31/06
Posts: 1640
Loc: East

Offline
 Originally Posted By: Carlos Viagra
Is it a foreclosure? How long has it been on the market.

20 days

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#3151824 - 02/04/13 07:00 PM Re: Make an offer [Re: Buzzard Breath]
leader
16 Point


Registered: 08/10/06
Posts: 11072
Loc: Knox

content Online
Foreclosure changes things on what to offer but keep in mind if its a great price others may be offering to....
_________________________
THE ONLY DUMB QUESTIONS ARE THOSE NEVER ASKED!

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#3151843 - 02/04/13 07:08 PM Re: Make an offer [Re: leader]
cecil30-30
16 Point


Registered: 12/05/06
Posts: 14150
Loc: Morgan Co

Offline
We've been to the property and looked around and just peaked through the windows,gonna go and actually have the realator show it to use wednesday.
_________________________
The beauty of the second amendment is that it will not be needed until they try to take it." -Thomas Jefferson


Ban Liberals!!! Save America!!!!

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#3151912 - 02/04/13 07:31 PM Re: Make an offer [Re: leader]
Bone Collector
14 Point


Registered: 09/09/09
Posts: 8966
Loc: Murfreesboro, TN

content Online
don't worry about offending them. Just make an offer as to what you think it is worth. worst that can happen is they will counter.
_________________________
Semper Fidelis!

“There are hunters and there are victims. By your discipline, cunning, obedience and alertness, you will decide if you are a hunter or a victim.”
General James Mattis

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#3152081 - 02/04/13 09:01 PM Re: Make an offer [Re: cecil30-30]
TAFKAP
14 Point


Registered: 11/06/09
Posts: 9541
Loc: Memphis

Offline
 Originally Posted By: cecil30-30
My bad,I was thinking of another house,this one has a asking price of $112K..It will need some updateing..The carpet is UGLY!

http://public.kaarmls.com/property/view....0%26K%5FBR%3D3&


'Yeah, that carpet looks pretty ugly. It may have a crunchy feel to it, which means it's time for new carpet. For $112, you could probably get away with a good siding wash and some carpet. So either go $100K even, or $105 with new carpet.

Take it from there. It looks like they did a decent bit of work, but none where it really seems to matter.

RUN THE HOT WATER for about 10 minutes.
Run the microwave and dishwasher at the same time.
Run the garage door up and down a few times.
Turn on the heat. Turn on the AC.
Flush the toilets.

Go over it with a fine-toothed comb. It looks like you can get that place for a steal, but I'd have some concerns.
_________________________
Everything important in life was learned from Mary Jo Kopechne.

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