Web2 /10. It’s common to offer earnest payments of $500 to $1,000 when making an offer on a house. An earnest payment assures the seller that you’ll go through with the deal—or the seller gets ... WebJan 22, 2009 · The earliest list date that produced a "lowball" offer of $20,000 was 10/3/2008, which was not accepted. The house was re-listed a number of times. On 11/21/2008 HUD dropped the list price to $49,000. Almost exactly one month later they accepted bid for $32,502. All together 28 offers were made on the property, before they …
Lowball: Meaning, Example, and Consequences - Investopedia
WebJul 27, 2016 · Just because an offer is low, it doesn’t mean that a potential buyer is consciously trying to rip you off. They are most likely just trying to strike a deal. If they really love your home, chances are they’ll be willing to negotiate. On the other hand, if the initial offer is so offensively low that you feel like the buyer isn’t being ... WebMar 4, 2024 · A low ball offer is an offer that comes in much lower than the price you listed it for. Let’s say you listed your home for sale for $300,000. A low ball offer on the home … kia of conshohocken
How to avoid getting taken when selling on Craigslist - Today
WebMay 10, 2012 · $11,000 offer on an $18,000 asking price is a lowball offer to me. $10 offer on a $12 part is not. I don't mind low offers I just say "NO" or counter offer what I would sell the car for. Once I counter offer I am done. I try to price my stuff in the ballpark of what the market is bringing. WebJan 23, 2024 · According to Pretty, if a home sales price is already low, you need to be more careful about a low ball offer than if the home is priced higher. “For example, if you … WebJun 17, 2024 · In the housing market, a lowball offer is a phrase used to describe a buyer making an offer on a home that is significantly lower than the asking price. For some … kia of corpus