my lease expires in a few months, and the owner claims she will NOT re-lease it…but either will sell to me, or will ask me to leave to list it. fine.
i may offer 300k…. might even go to 325…but that’s about it. my gut is that the owner actually paid about 400k…. which is about what she will get on the current market IF someone bought it at current prices/values…
then the owner will lose another 6% in commissions..almost 25k more…. so i realistically think the owner WILL sell happily for 375k….. b/c that’s all she will get IF she waits for me to leave and lists it…
so honestly…. she might even let it go for 350… 325 would probably be too low…
then again, maybe she’s nuts and to her “lowball” is 410.. 🙂 i won’t know till i make an offer. can’t hurt to offer low..i’ll see where she really stands after i make the low offer….
there is SO MUCH INVENTORY up here….it is such a buyer’s market…. i’m so glad i’m not a seller right now….