Profile picture for DeneenR.

What is the lowest I can offer for a home that is $199,900?

  • May 30 2009 - Baltimore
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Answers (2)

Profile picture for real estate mike
$1 is theoretically "consideration" which as it relates to real property means something of value was given. Otherwise it's just a gift and we need the distinction so the intern.rev.service(?) knows ho w to classify the exchange of ownership.
  • May 30 2009
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theoretically speaking? you could offer them negative infinity....

Obviously, nobody on here can possibly tell you what offer might get accepted on a mystery home that could be anywhere in the US with no information whatsoever.
  • May 30 2009
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