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Originally Posted by Headless
When you were in the begining stages of purchasing your home and you made your first offer on it, how low did you go? Did you lowball the seller? If so, how much did you lowball he/she by?
I'm just curious to hear what others have done.
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haha . . . actually, with this house I saw it, told the guy it was a great house, worth everything he wanted, but I could not afford it, and left.
An hour or so later I was called, and he lowered his price. I told him he did not need to do that, and I still could not afford it.
An hour later he called back and had lowered it again. I then said okay, and bought it.
My first house, I think I just said I would take it.
People don't haggle too much around here. If you don't want it, there are plenty of others that will.
I hear more of bidding wars going on between buyers than of people trying to lowball someone.