Suggestions in How to
Determine Your Offer Price
These factors will
help you to determine a fair offering price for the purchase of the home.
1) Check out recent sales of similar
surrounding properties to come up with a general price range. (see
2) Analyze any additional data available about the home such as condition, improvements,
current market conditions, and any other circumstances the seller may have (for
example - do they need to have it sold within 3 months to
transfer out of state for their job?).
3) Leave room for
negotiations - You may feel you have submitted a fair offer but will the
seller? Perhaps you will meet somewhere in the middle!