Updated about 8 years ago on . Most recent reply
Buying my first house!
Hi everyone, so I am in the process of my first home to fix up! Pretty excited and ready to start this adventure! But I am in a little situation and was thinking maybe someone could help me out or have a trick of going about this. The house I am looking to buy is 45k. It was a sheriff auction now lender owned. I put my first offer in at 30k (this house has to be gutted). They denied it and countered at the original price of 45k. I even put 500k Earnest money along with taking the closing cost. Second offer I went up 5k and offered 35k, with 1k earnest money and this time asked to split the closing cost. Denied and countered with the original price. So I am going to offer 40k today along with 1k earnest money and have them pay closing. What do you think? I really want this house since its an a really nice area of town. Any help or tactics would be appreciated!