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First time home buyer attempting to make an offer.....

Been in the market for the past week or so.

Gonna be looking at a townhome tomorrow that I'm somewhat interested in.

I told the realtor that there's a bit of angst on my end being that my apartment lease is up next month, to which I either renew or make a hasty (potentially regrettable) decision by then.

The townhome is listed at $275k and it's apparently been on the market for 70 or so days.

Of course I'm not gonna offer the asking price — I negotiate, right?

I guess my question is what would be a viable offer to where it's still practical and not in the realm of delusions? $5k less? $10k less? 20!? 50!???

Obviously I have no clue how all this works and as a result, they're probably looking at me as fresh meat and just see dollar signs when dealing with me haha!

Anyways, any helps and advice is very much appreciated!

submitted by /u/MisterCrayle
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source https://www.reddit.com/r/RealEstate/comments/1rlb9yg/first_time_home_buyer_attempting_to_make_an_offer/
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