Good Offer?

[Nathan Lacey]

I am in the market for a home and I have come across one that I have fell in love with. It's a foreclosure that has been on the market since October of 2008. Below is the price history.
06/25/2009 Price change $195,000
02/08/2009 Price change $236,500
01/07/2009 Price change $259,900
12/04/2008 Price change $279,900
11/02/2008 Price change $307,000

As you can see they dropped it again 6/25 to 195.000. My question is...I am thinking of offering 130-140k. Am I being niave to think they will accept a offer that low? 33-35% off ? It needs some work...but mostly cosmetic. Carpet...paint....couple of kitchen cabinet doors need replacing. Well thanks in advance for yall help.

[Josh Green]

ofcourse the listing agents commission is determined by the selling price. don't worry about what they 'think'.