There is a desperate need for risk based premiums, I owned an inland home that required flood insurance and my policy cost was the same as property that was on the high risk coastal homes.

If the seller wants the deal, 2:30 today doesn't matter, and jumping to that may tell him you are more desperate than he is.

Oh, and I did have a lake house that we used for summer vacation rental that did pretty well until the neighbor pulled a gun on one of my tenants (lost money selling that deal) and a commercial building that I had an office in but is now leased (about to lose tenant on that one and desperately wan to sell it).

They'll think you're desperate, and they'll think you're a pushover.

if u are desperate and can...

In my most desperate times, I would have never done a deal with a lender/partner for less than 50/50 profit split.

Deal like this need to be win win unless he's desperate.

I'm not trying to be low bidder and desperate for any work I can get.

He was asking 35k but over the past month he became more desperate to sell.

I actually borrowed (for an obscene rate) the EMD (and my EMD lender's POF bank statement) to put it under contract (FYI - even desperate sellers are not ignorant re markets/ value/ POF like they are often portrayed here).