i’m not submitting lowball offers because the price I usually have in mind is 2000-2001 prices and that’s like 30-50% off the current price. Most sellers will not budge more than 3-5% off the price, many don’t think rationally in this regard and consider it an insult to their manhood!
For instance there is no valid reason the median price in Orange County should be anything more than $320-350k considering fundamentals, and that itself is EXPENSIVE!