Hi all,
Long time lurker, first time poster. I'm buying a house and would appreciate any advice. It is located in a popular part of the city close to downtown that I have rented in for a few years now.
The market is warm depending on the townhome and the price. The house I am interested in is on the small side but has good updates and has been really well taken care of. It has been on the market almost three months now. The house is listed at $224,900. What would be a decent first offer to make? A house on the same block just went on the market last week that is slightly bigger but I don't like the layout quite as much and is listed at $219,900. With how long it has been on the market, is offering $200,000 too low?
Thanks for any response!