We made another offer on a different property. The owners are apparently going through a divorce and they need a certain $$$$$$ amount that is not equal to the current value of the property to pay off all of their debts. We offered them 6% below their asking price and they didn’t even counter us, they just came back with their original asking price. At least now I know why it’s been on the market for over a year….. 🙂
It wouldn’t be that big of a deal, but we are 100% certain that there are plumbing issues with the house (there was sitting water in the drains of all of the bathtubs), and if the sellers won’t budge from a specific number, it’s hard to imagine that they would be willing to fix any issues that come up during the inspection process either.
We are going to look at a few vacant land properties next week. Hopefully the third time we make an offer is the charm.