Thursday, January 27, 2011

Do I hear two hundred?

I haven’t heard anything yet.  Yesterday I submitted my bid for the apartment.  The owner’s asking $228,500 and I bid $188,500.  Let’s see what he counters with.  Whatever it is, I’m sticking at my price - unless he asks for $190,00.  That’s it.  I know what I can afford.  If he doesn’t take my bid, I’ll wait.  The market’s going to drop again and when it does, I’ll offer less.  The longer it’s on the market the hungrier he’s going to be - unless he can afford to sit on it empty.  If so, he’s a fool.  He should at least rent it out.

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