Quote:
Originally Posted by Penglobal
Greetings -
I'm a newbie, renting and in the process of looking to buy a pre-owned home. A neighbor on my block has moved away and interested in selling me her home without an agent. The home is perfect for me and I'm trying to determine the right and (FAIR) price to pay the owner. I not trying to steal the house nor am I willing to throw money away.
How can I determine a cash selling price for the home in todays market that's both fair to me and the owner. ? Thanks !
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We bought a fsbo in TV several years ago. We ask the seller what he wanted - he said he had consulted a Villages sales person and they said they would list it for X. We said, okay we will give you X less 3%, splitting the difference between what he would get after the commission. We agreed and everyone was happy.