Buying a short saleHi I have put an offer on a short sale that is listed at $79,000. I was just told that someone else will be making an offer today on the house. I am wondering how much higher I should go on my offer. The basement has flooded twice so that scares me. The rest of the house will need some updating. We dont want to lose this house but i dont want to pay much more either.December 12 2012 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.