How much is too low when making an offer on a house?We are in Southern California. Our loan amount is $295,000. I am seeing homes in the $305k-$315k range that are either foreclosure, short sale or have been on the market for a while. One house I'm interested in is a short sale at $315k and has been on the market for months. Another house that was in the process of being sold a few weeks back, but now back on the market at $310k. Question: would it be outrageous for me to consider making an offer of $295k on either of these homes or not?April 24 2014 - 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.