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Old 11-25-2006, 07:12 PM   #10
amspoelstra
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Join Date: Jul 2005
Location: US
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Quote:
Originally Posted by Cheska's Bella
Thanks for everyones replys! This is my first home buying experience and I'm excited and nervous at the same time...

I don't think that the area is "hot" at all. There are about 20 other homes in the same, small neighborhood (similar asking prices) for sale, and some have been sitting awhile.
If that is the case, and if you know there is nobody really interested in the house besides you, you can come in with a low-ball offer and see what they counter with.

We just got an offer accepted on our first ever house, and we just asked for the 3%. We knew this is a nice house, and a bunch of people were interested, but we really really wanted it.

It's exciting and very nerve-wrecking. Oh, make sure you put an inspection contingency in the offer, so you have a way out if you need it!!!
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