The Mortgage Files
Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.
Thinking of Lowballing Because the House Needs Work? Here’s the Reality.
By Scott Sheldon
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July 15, 2025
Here’s a Better Way to Think About It If the home just hit the market—say it’s been listed for less than 30 days—it’s still considered “fresh.” In that case, offering within 5% of the list price is a good rule of thumb if you want to be taken seriously and still have room to negotiate.…
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