Just like Breeze said..if the market is hot and if you really want the house you should offer asking price and some money back towards closing. I just purchased a home and will close next Thursday. I did a full price offer plus 5% down and no money back only because the market is hot where I live and I couldn't pass the price. I have $40,000 instant equity...this house I purchased was a bank repo and in perfect condition. Its really hard to find bank repo's in my area that are in good condition so I knew I couldn't risk it and let my house slip out of my hands. So I gave them my offer and they accepted it...yayyyy. |