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What should we offer?

We are interested in a home in 65109 zip, it is listed for 239,900.00 it is 4 bedroom with 3475 sq ft. It last sold in Dec of 2009 for 204,900.00 there has been no improvement on the property since it last sold.  The seller has a contingent offer on a different property.  This home has been listed for over 400 days.  I am pre-qualified and have no mortgage at present.
  • January 03 2012 - Jefferson City
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Answers (5)

Profile picture for Power2ThePeople
Definitely get a buyers agent and pull the comps. In fact, you probably can check Zillow or other sites to get some idea. Best of Luck to You !!!
  • January 08 2012
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Get a buyers agent right away. If I were your agent I would offer190,000 and see where it goes.
  • January 04 2012
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Profile picture for Gary Bell
If you don't already have an agent you should get one. They can help you negotiate and if the property is listed on the MLS the compensation will be paid by the seller, not you.
  • January 04 2012
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Do you have a buyer's agent?  Someone who is working for you?  Your real estate agent should pull comps for you, the same as if they were to list the home.  This will give you a better idea of what the market is doing in your area and with the comparable properties. 
That is a price difference for two years.  Perhaps looking at the disclosures from 09 and 11 will show that some sort of update was done that is not apparent from the pictures.  Also read the descriptions from both years, maybe new windows etc....
What does the assessment value come in at, check the assessor's website.

Good Luck,
Christine McDaniel

  • January 03 2012
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Have you looked at comparable properties within a close distance, to see what they sold for? It's hard to just throw a number out there. If you are working with an agent, ask them to pull comps for you. This will give you a better idea of what you should offer. Good Luck!
  • January 03 2012
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