Make the offer. If $200K really is a legitimate good offer for the property and the sellers are in some kind of fantasy world about the value of their house, then their real estate agent will tell them this is a good offer, and they should come down to earth and accept it. They may not be willing to sell for a realistic value, but why not try?
The only downside could be that you would be tying up some earnest money, or could be limiting yourself from going after another option depending on how long this offer takes to play out.
The only downside could be that you would be tying up some earnest money, or could be limiting yourself from going after another option depending on how long this offer takes to play out.
I'm the tower of power, too sweet to be sour. I'm funky like a monkey. Sky's the limit and space is the place!
-Randy Savage