You are about to purchase the house of your dreams (house A). House A is listed...

Transcribed Image Text:

You are about to purchase the house of your dreams (house A). House A is listed at $335,000. Your budget is $290,000 and you could get an extra loan of $10,000 maximum. You have made t first offer of $280,000 for house A. You have been looking for a house for the past 3 months and you have also liked another house (House B), You had made a first offer of $270,000 for house B and you could close and sign the contract for $280,000 if you don't get to an agreement with House A. What is BATNA? What is your walkaway point from House A? What is ZOPA for House A? What is ZOPA for House B? You are about to purchase the house of your dreams (house A). House A is listed at $335,000. Your budget is $290,000 and you could get an extra loan of $10,000 maximum. You have made t first offer of $280,000 for house A. You have been looking for a house for the past 3 months and you have also liked another house (House B), You had made a first offer of $270,000 for house B and you could close and sign the contract for $280,000 if you don't get to an agreement with House A. What is BATNA? What is your walkaway point from House A? What is ZOPA for House A? What is ZOPA for House B?