Buying a home in Tampa Florida?

Question

I am looking to buy a home in the Countryway area of Tampa (33635). The house is priced at 215K, it's been on the market 298 days, and was originally listed at 245K. There is nothing wrong with it, just over priced in the beginning. I want to make a fair offer on the house, and suggestions?

It's 3BR, 2BA, 1606 sq ft

Answer 1

Go to the county assessors site and click on the nearby sales and see what has sold that is similar in all features that has sold within the past 6 months.  If there are 3 sales that are similar, try to offer something that is within that range because chances are those will be he comps the appraiser will use to get the value of the property.  Be sure they are qualified sales.  Then you offer will be a fair market offer based on solid research.

http://www.hcpafl.org/www/search/index.s...

Answer 2

How do you know it's still not overpriced?  While many homes across the state have lost value over the past 12 months, few homeowners/Realtors have adjusted their list price according to the drop.  Never base an offer off the list price alone.  You should hire an appraiser or Realtor to give you an estimate or do some research yourself.  Good luck.

Answer 3

Carefully analyze the comps, and offer something a little less than the comps.  Also, if the house you plan to buy needs work, adjust your offer price accordingly.  Assume that the comps are homes that are well maintained and in good condition with no need for major repairs.

Good luck.