Posted by: Scott Rister
01/17/2003, 10:15:30
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That's right. Now, school of thought here most buyers will be factoring in their own holding costs and closing costs taking into account. That can work to your benefit in most circumstances. This is in addition to the "murphy's law" factor. It really depends upon on how astute your buyer is and the comfort level of the profit margins they will work with. In my opinion, it's better to factor those costs in on your offer. Then when accepted you can negotiate what expeses to pass on to your buyer including "murphy factor". Bottom-line is to be way on the safe and profitable side on your offer. You can always come up.....but never discount your offer unless some new reveleation revealed later like upon inspection termite damage is revealed. Sincerely,
Scott
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