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Personal Finances / Buying or Selling a Home


Subject:  Buying new home, is this good price? Date:  4/27/2008  6:58 PM
Author:  Jeebuss31 Number:  110426 of 128866

Hey everyone, looking to buy a house in ohio. It's a 5 level multi home, a total of 3135 sq ft(not including finish basement). We're not going through a realtor to get more discount on the home, since we're building it. Here is the asking price:

$451,086(base price, with upgrades and a structural change)
-$19,291(no realtor)


Now I counter it with $375,000 and they counter back and said they can take another $12,000 off and can't go less than $404,795.

My question is if I offer $6-7,000 less and willing to walk away, will they accept it? Or should I ask them to pay down 2 points on a 30 yr fix?(roughly $6400) Any advice would help.

On the side note, this is a new subdivision. Houses range from $392-538K.
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