My Real Estate Negotiation->Opinion Needed!!!

MoreCowbell · 02-27-2007, 05:26 PM

Yes.

It sucks because I really love the place, but I am only willing to pay what I feel it is worth.

It is NOT worth 1.245.

cdheaven · 02-27-2007, 06:56 PM

This is kinda crazy. Im looking to buy my first place this year, but im only looking to spend like 250,000. TOPS. How much do you pay for rent where you live now? and what do you do for work

ga-bmwdrvr · 02-27-2007, 07:09 PM

Good luck on your search. I'm really impressed by the amount of money some of you guys must make! For anyone going into medicine, do NOT do pediatrics! I can just afford my 250K house and my E90. I need to change career....

SteveMD · 02-27-2007, 08:13 PM

Quote:

Originally Posted by sixspeedsam

What?!? In other words, you either rolled a lot of equity from a previous home or you put down one hell of a down payment

Correct. I'm old. 4th home.

MoreCowbell · 02-27-2007, 09:57 PM

Quote:

Originally Posted by cdheaven

This is kinda crazy. Im looking to buy my first place this year, but im only looking to spend like 250,000. TOPS. How much do you pay for rent where you live now? and what do you do for work

I am 31, my wife is 27. I am self-employed, working on Software implementations for Banks. My wife is in Originations a major Real Estate Investment firm.

We pay $2950 now for rent, but its moving up to $3300 in June. I've rented for the last nine years and i'm sick of it.

MoreCowbell · 02-27-2007, 09:58 PM

Quote:

Originally Posted by ga-bmwdrvr

Good luck on your search. I'm really impressed by the amount of money some of you guys must make! For anyone going into medicine, do NOT do pediatrics! I can just afford my 250K house and my E90. I need to change career....

You career is also far more noble and useful to society then what my wife and I do. You should be proud of yourself.

ga-bmwdrvr · 02-27-2007, 10:13 PM

Quote:

Originally Posted by gluck75

You career is also far more noble and useful to society then what my wife and I do. You should be proud of yourself.

Thanks, I have to admit, I enjoy working with the kids and it's great when you can make them better

MoreCowbell · 02-27-2007, 10:24 PM

Quote:

Originally Posted by ga-bmwdrvr

Thanks, I have to admit, I enjoy working with the kids and it's great when you can make them better

I don't enjoy my work. It's all trade-offs.

findtom · 02-27-2007, 11:00 PM

Quote:

Originally Posted by SteveMD

Correct. I'm old. 4th home.

I would think the London property would have given you a nice start on the property ladder. When my parent's moved over here from London they were able to pay cash for their house on the proceeds of their London townhouse sale.

Bimmerista · 02-27-2007, 11:16 PM

Well gluck75, if the markets go South some more, you may be able to offer same price in a few weeks and make a deal

Guga79 · 02-27-2007, 11:30 PM

I cannot believe he declined your offer. But you will get something better

02-27-2007, 05:26 PM	#23
MoreCowbell Lieutenant Colonel 535 Rep 1,702 Posts Drives: 24 i5M60 23 X740 23 Vette Z06 Join Date: Feb 2006 Location: Westchester, NY iTrader: (0)	Yes. It sucks because I really love the place, but I am only willing to pay what I feel it is worth. It is NOT worth 1.245.
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02-27-2007, 06:56 PM	#24
cdheaven I'm Starving , So I Guess You Are What You Eat 252 Rep 943 Posts Drives: 2006 325i Join Date: Aug 2005 Location: Ft. Lauderdale, Fl iTrader: (1)	This is kinda crazy. Im looking to buy my first place this year, but im only looking to spend like 250,000. TOPS. How much do you pay for rent where you live now? and what do you do for work __________________ 2006 325i Sparkling Graphite Metallic-Black Leatherette Navigation-Bmw Assist Automatic-Xenons Carbon Fiber Front Lips-Aluminum Pedals Power/heated Front Seats 5% Tint all around 30% On windshield all the way down
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02-27-2007, 07:09 PM	#25
ga-bmwdrvr First Lieutenant 21 Rep 327 Posts Drives: E21 320i, E90 330i Join Date: Aug 2005 Location: Georgia iTrader: (0)	Good luck on your search. I'm really impressed by the amount of money some of you guys must make! For anyone going into medicine, do NOT do pediatrics! I can just afford my 250K house and my E90. I need to change career....
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02-27-2007, 11:16 PM	#32
Bimmerista Major General 86 Rep 5,732 Posts Drives: superstock Join Date: Aug 2005 Location: Montreal, Quebec, Canada iTrader: (0)	Well gluck75, if the markets go South some more, you may be able to offer same price in a few weeks and make a deal __________________ __________________________ 2016 435 xdrive GC white on black leather interior, Msport1, Msport2, premium package 2015 Lincoln MKX, silver on brown leather, premium package - that's right! Techno-Groovy baby
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02-27-2007, 11:30 PM	#33
Guga79 Private First Class 7 Rep 130 Posts Drives: 2006 330i AW Join Date: Feb 2007 Location: Tierra Verede, FL iTrader: (2)	I cannot believe he declined your offer. But you will get something better
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