What should I base my offering price on? Jeff - Superior Q. ASK A REALTOR Great question! There are many things to consider. Hopefully you are represented by an Agent that is seasoned to work in this economy. First consider what has sold/ o closed in the last twelve months to make a wise offer. Right now it s difficult to get a discount or even seller's contribution to buyer's closing costs. Our advice would be to save enough money to cover your closing costs & a healthy down payment. Motivation of the Seller plays in as well, looking at several factors when they make a decision on which offer to take, earnest money (showing how serious you are about purchasing), how much money you are putting down on the house, and the closing date. Many houses are selling for well over the asking price right now, but they still need to be appraised, so you cannot just go crazy with an offer. That is why it is important to make the strongest offer possible. SPONSORED BY Adolphson Real Estate.lnc. Locally Caned Duluth 722-8736 Cloquet 878-0570 adolphsonrealestate.com 12 Barb Hanson Melissa Wiita