Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

We are putting an offer on a house tomorrow, what are our chances?

The house is 99900 and we are offering it upfront cash, there is another offer but we don't know what it is. Just nervous I guess. Never done this before. What was your experience? Share....

Answer Question
 
Steff107

Asked by Steff107 at 10:58 PM on Feb. 14, 2010 in Home & Garden

Level 3 (16 Credits)
Answers (14)
  • there is probably not even another offer. the company is probably just telling you this so they can get what they are asking for. I would offer 95...keep some cash for yourself....they will call you back
    shay1130

    Answer by shay1130 at 11:01 PM on Feb. 14, 2010

  • Your chances are much higher when offering cash, and I agree they say there is another offer a lot to get more money.
    truealaskanmom

    Answer by truealaskanmom at 11:02 PM on Feb. 14, 2010

  • More than likely they are playing screwball with you, thinking if they tell you there are other offers on the table that you will go up in price...They said the same thing with me and my hubby when we put an offer on a house. We called their bluff though. Good luck and I am sure you will get the house.
    Anonymous

    Answer by Anonymous at 11:14 PM on Feb. 14, 2010

  • So how can you tell if there are other offers out on the house? Is there any way to know?
    Steff107

    Answer by Steff107 at 11:23 PM on Feb. 14, 2010

  • you wont be able to tell if someone else has offers. the real estate company will try to jerk you around or they could be telling the truth. I dont think they are though. If its a house you absolutely adore then i would put your offer down. If you think you could find something else then i would shoot lower
    shay1130

    Answer by shay1130 at 11:32 PM on Feb. 14, 2010

  • how long has the house been for sale?
    shay1130

    Answer by shay1130 at 11:34 PM on Feb. 14, 2010

  • two months and they just lowered the price
    Steff107

    Answer by Steff107 at 11:36 PM on Feb. 14, 2010

  • it wouldnt hurt to find a second favorite just in case someone does out bid you but i would still bid low and not do their asking price
    shay1130

    Answer by shay1130 at 11:39 PM on Feb. 14, 2010

  • wait...is the house 99900? or is that what you are offering?
    shay1130

    Answer by shay1130 at 11:42 PM on Feb. 14, 2010

  • if thats what they are asking for then i dont see the problem especially since you are offering cash upfront. Unless they just think they can get more from you.
    shay1130

    Answer by shay1130 at 11:46 PM on Feb. 14, 2010

Join CafeMom now to contribute your answer and become part of our community. It's free and takes just a minute.
close Join now to connect to
other members!
Connect with Facebook or Sign Up Using Email

Already Joined? LOG IN