Montana n: A state of the northwest United States bordering on Canada. Admitted as the 41st state in 1889. The fourth largest state in the union, it includes vast prairies and numerous majestic mountain ranges.
Syn: Treasure State, Big Sky Country, Last Best Place.
Jones n: slang. An addiction or very deep craving.
Friday, March 16, 2007
Contingencies
- Me:
- Part of me thinks that it is just the realtors blowing smoke to keep pressure on me, but it is enough of a sellers market that I can't take the chance. Perhaps I did get lucky being first in line with a bid for this place.
- Dad:
- And if it is the renters with the other offer, well, that's their problem.
- Me:
- Yeah, I don't feel sorry for them. They took the chance on renting a place that is up for sale and they had the opportunity to make an offer long before I did.
- Dad:
- Just make sure they don't leave it in a crappy condition.
- Me:
- Oh yeah, that's in the contingencies.
Labels: contingencies, conversation, dad, offer, real estate, renters
Thursday, March 01, 2007
An Offer
- R:
- So here are all the sell prices for the neighboring units, we can use these to help figure out an offer.
- Me:
- Hmmm, yeah. This helps.
- R:
- It looks like most of the sales were at or close to the asking price. I'm not sure how low you can really go.
- Me:
- Well here, this is the low price. It looks like about half of them have sold for this.
- R:
- Yes, but keep in mind that was a year ago. If you offer too little the seller may not even bother to counter offer. Or worse, he could decide you are not worth dealing with and wont budge from his asking price.
- Me:
- Interesting game, this. All the more interesting because it's my money. I knew there was a reason I didn't like gambling.
- R:
- You can ask whatever you want really. The worst he can say is no.
- Me:
- Well let me do some math here, gimmie a minute. Lets see, that sold for… and that was… so you subtract that from… and so the difference is three percent. Hmmm. The calculator is not helping with my mind reading.
- R:
- Mind reading is never easy.
- Me:
- Well in my business I can usually mind read pretty well with a calculator. But I don't know anything about real estate. I don't know if these are the numbers he wants to hear.
- R:
- So what do you think?
- Me:
- Well, I have a couple numbers here that appeal to me. Matching this low price sounds good but you think that may be too low.
- R:
- Right, I don't think you will get very far with that.
- Me:
- This neighboring unit sold for three percent less than it's asking price, three percent off this price is X. I like that number, lets offer that.
- R:
- Sounds good. I'm curious if your mind reading will work.
Labels: buy, conversation, mind reading, money, offer, price, real estate, sell
There is more Jones in the archives: February 2005 March 2005 April 2005 May 2005 June 2005 July 2005 August 2005 September 2005 October 2005 November 2005 December 2005 January 2006 February 2006 March 2006 April 2006 May 2006 June 2006 July 2006 August 2006 September 2006 October 2006 November 2006 December 2006 January 2007 February 2007 March 2007 April 2007 May 2007 June 2007 July 2007 August 2007 September 2007 October 2007 November 2007 December 2007 January 2008 February 2008 March 2008 April 2008 May 2008 June 2008 July 2008 August 2008 September 2008 October 2008 November 2008 December 2008 January 2009 February 2009 March 2009 April 2009 May 2009 June 2009 December 2009 January 2010 May 2014
