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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Look up the county assessor’s record, it is free and available. Look for similar homes on real estate sale listings, or hire an appraiser. You will need an appraisal for a loan anyway.