I understand this is a buyer's market?

Question

I am a first time homebuyer and would like to make an offer that about 85% of the listing price but also add a seller's concession to pay for the closing costs which will ultimately increase the offer price and monthly. Am I kidding myself?

Answer 1

it depends on the market you're shopping in.  every neighborhood of every city is different.  If you're in a competitive market, you're probably kidding youself.  If the seller is desperate for a sale, you might be in luck.  check with a local real estate agent.  good luck! :D