UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next
Author: watsonad Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 128123  
Subject: Ready to make offer Date: 5/16/1999 6:13 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I'm ready to make an offer on our first home purchase. I foolishly reviewed comparable sales data in the same plan. I calculated the price per sq.ft. for the other homes and am using that as my basis for determining my offer. The houses are all the same age. Some have finished basements (my prospect does not). Most likely have original roof (20 yrs.) and mechanics whereas my prospect has new roof, furnace, and water heater all within last 5 years. The remaining amenities, yards, and appearances are all essentially the same.

Therefore, I figure I need to add some to my base offer (based on $/Sq.ft.) to account for the new mechanics. I have no idea how much furnaces and water heaters cost for a 4BR/2BA home of 1700 sq.ft. Any ideas? Am I going about this all wrong? Anything else I should consider?

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next


Useful Resources
Our Home Center has all you need to make buying and owning a home a great experience. Get or refinance a mortgage and much more!
Buying/Selling a Home FAQ

Mortgage Professor
Offsite resource for mortgage questions.
Post of the Day:
Saul's Investing Discussions

Skyworks Mid-Quarter Review
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.