question about a possible offer for a home
Greetings, I see there are mostly sellers posting on this forum. I'd like some opinions.
There's a home that I'm interested in that first came on the market almost 3 years ago. Since then the sellers have dropped their price 25% but the last price drop was in November (6 months ago). My realtor still thinks it is overpriced. It's difficult to compare as it is a rather unique home. I might be interested in this home if we could get it for another 10% less, but am hesitant to put in an offer since I don't want to "insult" the sellers. I don't want to offer 10 pct less and be countered with 5 pct less, since it is would not be an easy resell either. It is custom built and the owners are already offering financing so they are not at risk of foreclosure or anything like that. I wonder if the house has been on the market so long because they have been unwilling to compromise.
Another thing, the house has been unoccupied for that time although it looks well maintained. I'm a little nervous about functioning systems.
What do you think?