The home has been on and off the market for 5 years, they have dropped the price 5 times.They also have foundation problems and tenants. do you still think a strong offer first?

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dirtdigger wrote:

The home has been on and off the market for 5 years, they have dropped the price 5 times.They also have foundation problems and tenants. do you still think a strong offer first?

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Sounds like too many problems to want to deal with to me. If you look at the signs:

1. Been on the market for over 5 years.

2. AS IS

3. Foundation problems

4. Tenants (previously)

5. And problems not yet seen

Does that house look that good that you are willing to overlook the obvious? I feel that at this time (in a buyers market) you should not settle at all. And you should not entertain a house that is as problemed as this one sounds. You do not know what else is wrong with the house. Are you a flipper? If not, and you are looking for your own convenience, move on. There are too many homes to choose from. And if and when you decide to sell, you will have the same problem, if not worse, trying to get rid of it. IMO. Good luck in your search and remember, NEVER SETTLE.

I agree w/ Code above.

Make an as-is offer subject to an inspection.

You need to know if you and the seller are generally on the same page regarding value before you pay for an inspection.  A property on the market for that long does not smell of "motivated seller".  Has something changed recently that makes you think the seller will sell at a nice price/terms for you? If he accepts your offer, then pay for the inspection.

You can go to redfin and look at 33 Seventh st Zip 22443

The pics do not show the damage, Actually,it looks like a nice little beach cottage.