“Offering 400K on a 450 listed price is NOT lowballing.”
I would agree with you but my friend is offering what she thinks is a fair price.
There had already been a full price offer on the contingency of selling buyers’ own house. But of course that sale fell through when buyers couldn’t sell their house.
Get ready for a lot of these types of contingency sales – I can remember them from the last crash. That’s where we (those of us without contingincies) come in and “save the day.”
“You can ALWAYS go up in offered price, but you can NEVER go down.”
Oh yeah, who says so? I’m surprised that a couple people on THIS list would believe that.
If this property is still sitting in 6 months or a year, I have a feeling my friend will make another offer for less. This property is “special” and I refrain from identifying it until after all is said and done.