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Updated about 5 years ago on . Most recent reply

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313
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John Collins
  • Investor
  • Tx, Ga
337
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313
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Lowest offers for houses

John Collins
  • Investor
  • Tx, Ga
Posted

Is there etiquette in how low you've gone for formal bids? My issue with a house is that yeah, the previous owner had upgrades done in order to push the price before selling, but they're in poor taste and I would do over some of them. As I add to my portfolio there are certain homes I just don't see at being anywhere close to the asking rate. 

Most Popular Reply

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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
19,408
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied
Originally posted by @Edward L lauckern:

My realtor wouldnt let submit some of my offeres because she said they were too far below asking. If it weren't for her I would have offered those prices.

As far as bids you never know  so you might as well.

 So if it doesnt fit your minds price then dont do it... depending on how far off it is. I wouldnt lose a house over 1000 dollars 

 First, find a new realtor....and if my max bid was 1000 over that last bid, I would most certainly "lose a house over 1000", and not think twice about it.

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