All Forum Posts by: Namita Mittal

I have the attorney reviewing it. I am wondering, what should I ask for now? The bldg assessment is for 450k and the land assessment is for 250k for 2 acres. So with that I should ask for 100k reduction in the cost. Does that sound right? 

Just 1 week before closing, the survey result shows that the actual plot size is 2.03 acres compared to 3.6 as shared in MLS. The house is in NJ and in a prime location. The house is for 700K. What are my options for negotiations.

I am a new investor. But today, I am looking for a house for primary residence. I love this house. It's in a hot sellers market but this house has been on the market for 150 days (i.e. from early 2017). The house is listed for 725k now. They dropped the price from $800k to $725k. Nothing seems to be wrong with the house except that it has a septic which is common in this part of the Hillsborough NJ town. What offer can I put for it? Per REI classes, we should never buy retail even for primary residence (if possible). I want to put a competitive offer but without offending the seller (who is a proud first time owner for ~21 years). Looking forward to your suggestions and guidance.