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      05-06-2011, 02:35 AM   #8
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Drives: M6 GC
Join Date: Feb 2008
Location: Earth

iTrader: (7)

Originally Posted by Repsol View Post
Long story short, I bid $92 sq ft on a house that was listed at $103 sq ft, they countered with $96 sq ft. The market where I live is in the crapper and avg sale price is $85 sq ft. They have made a few upgrades to the house but I still don't think it commands the price they are asking. Should I stick to $92 sq ft, match, or compromise at $94 sq ft?

House has been on market for 30 days. Seller is relocating.
Since your buying a home and not a car I would do it.

for example:
3000sq * 92 = 276,000
3000sq * 96 = 288,000

If the house fits all your needs/likings , then dont look at the 12k and do it.