[quote=pemeliza]I agree with sdr, make an offer of what you think it is worth and move on to something else if the seller plays hardball. If they don’t want to reduce the price now, they may want to later so it doesn’t hurt to express your interest in the house or they might end up selling it to someone else for what you were willing to pay. If you are going to lowball, then have your agent justify your offering price using comparable sales. I am seeing a good number of houses in this price range selling for substantially under the list price so you have a decent shot at a successful lowball.[/quote]
Yes. +1 on that for me. If you get your offer in now and they reject it, they will know who to come back to once they start to realize their price is too high. I would guess that it is unlikely that heirs, would willing/able to make a rental out of it so it is likely that they will eventually have to sell it.
