Purchase offers: How low is too low?

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Q: How low of an offer should I make on a 4-bedroom, 3-bath house in Atlanta listed at $300,000? It's not a short sale or an REO, but I searched the title records and found out that the owners paid only $90,000 for it about 10 years ago. A: The answer to your question is, as with everything in real estate, "it depends." As you can probably already tell, you're not going to get a straight dollar amount answer from me. The decision of how much to offer on any particular property is, in my opinion, the single toughest decision a home buyer has to make once he or she has selected a property -- in fact, this is the single most frequently asked question I receive. Determining your offer price is definitely an art, not a science, but there is a systematic process you can undertake and specific factors you should consider to make your offer with maximum confidence and minimum regret. Mindset Management I often joke with my clients that the very last time either side -- ...