Can you answer me acouple questions?
I have had a house on th market for 6 monthes.
I reduced the house price once.
I received a bid, $2000.00 lower that price,
but they have an FHA loan and want a $2000.00
assist. That means I am witout $4000.00 .
I know I will not get what the house is sold for, but it that always the truth?What are some of the areas I should be inquiring about?
First, should I be looking at the loan amount that was aproved by buyer?
Second, should I make sure he pay closing cost?
What are some options I should be looking into to try to get the best price?
I am meeting with the realitor later today about all these issues. I want to hold out for the best price but I don't want to give up a bid too quickly. What are some questions I should take with me to my appt. with the realitor.
My meeting is at 11:30am. If you can give me any helpful advise before 11:00, I would greatly apreciate it.
Also, can you explain the assist arrangement. Why can a person offer an amt. over the bottom line.
That to me look likes he is pocketing that money.
Is that correct?