How much can u knock off prices when buying homes?

My family is buying a home and we found one that we really love. the only problem is the price...We could afford it where it stands now, but a lot of work has to be done with it, probably costing at least 100 tho


So my mom wants to take that off from the asking price, along with at least 10%. at some point (if they dont ike any of our new offers) my mom says we'll just have to walk away. (but its like the perfect house so i really want to avoid that)


The house has been on the market for a year now, but the old family has already paid off their mortgage, so idk if they are in a giant need to sell the house. Do u think they would agree to our offer?How much can u knock off prices when buying homes?
Make your offer and provide reasons why so much below asking price. This helps a little.





Be prepared to walk away and revisit it maybe once a month to see if seller's change mind.





If this has been on market a year they are clearly too high, and you should have zero concern anyone else is interested in it.How much can u knock off prices when buying homes?
Unless the home is listed for sale at one million plus, $100,000 reduction is not going to be accepted.





Normally you ask for 10% off of the listed price and you get a counter offer of 5% off.





You can negotiate for the owner to make necessary repairs. He may or may not agree.