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What is the best possible route for me to take???

The last post in this topic was posted 5254 days ago. 

 

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My wife and I are looking at a house in Greensboro, NC that is listing for $183,700. All of houses in this neighborhood are very close to one another and the most the have sold for is $166,000.00. If we decide to put an offer on the house, what do you think should be the lowest I should ask for with closings costs included? Does anyone recommend SunTrust bank for a mortgage? I am not soliciting, just askin if anyone has had personal experience with them. I currently have a car loan with them and also a checking and savings account.

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I think Suntrust is good, I use them for my customers alot. If there are not going to be any comps int he area to support the sales price you may have some problems.

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My wife and I are looking at a house in Greensboro, NC that is listing for $183,700. All of houses in this neighborhood are very close to one another and the most the have sold for is $166,000.00. If we decide to put an offer on the house, what do you think should be the lowest I should ask for with closings costs included? Does anyone recommend SunTrust bank for a mortgage? I am not soliciting, just askin if anyone has had personal experience with them. I currently have a car loan with them and also a checking and savings account.

 

 

JZillin, I think you mean "what is the highest I should pay"....because the lowest is zero. Perhaps you mean the lowest you can ask without insulting them, if so, I would find out why that house is 10% higher than the rest of the neighborhood. You realtor should be able to dig in. If there's something special, then you have to take that into consideration. If not, I'd start out at $160k with closing costs included - and negotiate up from there. Good luck!

 

800s

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