If you make a low-ball offer you won't even get a counter offer in a hot market. |
In a slow market you want to price to sell. If you price too high... you'll knock yourself out of the running. |
In competitive markets where two offers are presented to the seller, the one with 20 percent down looks better than one with a smaller down payment. But sellers still tend to drift toward someone with a larger down payment. |
The seller can try to negotiate with his or her agent for a lower commission if you don't have an agent. But they aren't obligated. |
Unless the contract says 'as is' everything is up for negation. Even then, the buyer usually still has the right to ask for repairs or back out of the contract. |