Hi brehs!
I'm moving again, this time I'll be a cash buyer. My dad gave me money his 'inheritance/investment' to me was to offer to buy me and my wife a place outright...but I know im getting nothing after he dies...we did this for tax purposes.
Anyway what % should you start bidding on a property you hope to buy especially as a cash buyer? So for example would you say 20% is too low ? I think going in at 20% is fair? but some people say it's too low and insulting to the seller ? I think as a cash buyer it's not ? I don't think that's a cheeky offer ?
Let me know your thoughts, especially those of you in real estate or who have bought homes
thanks a million
Flu
I'm moving again, this time I'll be a cash buyer. My dad gave me money his 'inheritance/investment' to me was to offer to buy me and my wife a place outright...but I know im getting nothing after he dies...we did this for tax purposes.
Anyway what % should you start bidding on a property you hope to buy especially as a cash buyer? So for example would you say 20% is too low ? I think going in at 20% is fair? but some people say it's too low and insulting to the seller ? I think as a cash buyer it's not ? I don't think that's a cheeky offer ?
Let me know your thoughts, especially those of you in real estate or who have bought homes
thanks a million
Flu