http://www.trulia.com/voices/Home_Buying/buying_a_home_in_a_declining_market_can_I_make_an-35365en-ushttp://www.trulia.com/voices/profile/Real_Estate_Pro-10950-226490/Absolutely! The worst thant can happen is they say no!!Sat, 22 Nov 2008 10:47:49 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-10950-291467/Hi Amanda, I just got a call from a distressed home owner with a 5 bedroom 2700+ square foot house in the newburgh school district, her home is going to auction in the middle of december, and the home isn't listed, if you or anyone else is interested, please give me a call right now, she owes around $260k and is willing to let it go for very close to that. Thanks, Bill Smith Keller Williams Realty 914-420-1974Thu, 20 Nov 2008 12:52:09 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-Venice_FL-133970/Absolutely...........however the best offers are backed up with accurate and current information that supports your position. A real estate professional can provide these services. Best wishes, The "Eckler Team"Thu, 20 Nov 2008 10:04:34 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-33461-192751/Sure, you can make any offer you would like. Remember, even though it is a buyers market (where supply exceeds demand) some properties are priced right. To give you an example - I had clients put a cash offer on an bank owned foreclosure priced at 162k for 175k and did not get it. I really suggest looking at what has been sold and under contract and make your offer on that. Also the terms of the offer should be taken into consideration. Also a 20-25k under asking on an 100k property varies from a 800k property. Good luck!Thu, 20 Nov 2008 09:59:24 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-10023-93319/Amanda, Working with a buyer- broker agent will help you immeasurably! Besides helping you negotiate they can stay on top of the selling broker to make sure they submit your offer in a timely manner..The listing/selling broker is required to submit all offers but it can be hard to make sure that they do. especially if they re also representing a buyer.Thu, 20 Nov 2008 09:39:41 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-10950-291467/Hi Amanda, You can make any offer you'd like, just remember that the less you offer below asking price the less your odds of getting the house are. 20-30k isn't unusual in this market, but if its an offer made on a house where the owner doesn't have to sell, they can possibly get insulted and refuse any further offers from you. Even with foreclosures, the bank doesn't have to sell right now at whatever price you throw at them, they always get a price opinion, and if your not within a a percentage of that, they may or may not work with you. They never seem to follow reason. I'm also a real estate investor, so I have a different perspective on the market, if you get a chance, give me a call and I can give you a little more insight on how things are going right now. Thank you, Bill Smith Keller Williams Realty Fair Deal Home Buyer, LLC. 845-728-6162Thu, 20 Nov 2008 00:25:02 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-33156-114407/Yes! In a buyer's market a property is worth what a buyer is willing to pay for it! Find out about similar homes that have sold recently, but also look to other list prices of active listings to give you an idea of the trend. Your purchase should also be subject to your lender's appraisal, in other words you lender won't provide a loan unless the proprty you are purchasing appraises at or above the contract price. In that sense you can feel confident that you won't overpay. Many lenders are doing second appraisals closer to the closing date. Good Luck!Sat, 24 May 2008 05:09:47 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-10940-253233/You can make any offer you would like to make and your agent is required to submit it. If you are a serious buyer you should be working with an agent and hopefully that agent will do his/her homework, they should do a buyers CMA and some research on the home and comporable homes that have sold. Of couse, it depends on the seller as to what will be accepted, but personally, I have negotiated many loans to $20,000 and more below asking price. It all depends on how low the asking price is, how desperate the seller is, and how good the agent is at negotiating. Choose a good agent and get good advice.Sat, 24 May 2008 04:44:53 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-10950-226490/Yes you can. I would look at the property history to see how many days the particular property has been on the market & when any reductions may have occurred.Fri, 16 May 2008 09:01:55 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-10917-225424/Look at a percentage of the asking price rather than a dollar amount. In other words the amount you offer can be !0% less and sometimes more.Sat, 10 May 2008 16:28:40 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-11743-22149/No matter what the market, you are free to make whatever offer you are comfortable with.Sat, 10 May 2008 14:08:18 -0700