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Updated about 17 years ago, 11/29/2007

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Starting Out

Making an Offer - How much?

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Scenario - Orange County Condo selling for $340k. Worth probably $380k-$400k
Short sale.
Motivated seller
VERY desirable neighborhood

How much in percentage do you normally offer?
Like 5% lower? 10%?

Does $315k sound reasonable in the time of market we are in? This is my first purchase ever. I'm just a little nervous and I want to price myself right.

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