So exciting times! We are officially buying our first home! We have narrowed it down to 3 houses. The house at the top of our list is advertised at $249,000. It needs the front and rear external stairs replaced and new roof straight up. Quote for the stairs alone is around the $15,000 mark. Given this, we are looking at putting an offer in but not sure how low to go. My uncle said a general rule of thumb is 10-15% off the asking price as a starting point.
For those who are more experienced in the whole buying/selling area, any advice is much appreciated.
** There is no additional repairs needed (ie no water damage etc) due to the roof, this has already been looked in to and gotten the all clear**
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12-02-2020 10:24 #1
Fair offer for house
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