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paul - November 24th, 2008 11:36 PM

Are there general guidelines to for determining a "reasonable" list price relative to the appraised price? e.g. list price is 110% of appriased price...rnConcern is that if not thopught thru, may be scaring prospective buyers away.rnLet me also say that my drop dead acceptable sales price is the appraised price.

karmen - March 1st, 2009 6:01 AM

you have nothing to loose! write down everything that needs to be done and list the costs associated with the repairs. The bank hasnt gone into the house to see the shape its in, the bank puts a price on it that they want to cover the mortage amount or to follow the average sale in the neighborhood. So make a list, take some pictures and put in a low ball offer! Good luck!

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