Sunday, August 5, 2007

Low-Ball Offers and Home Value

Ok, let's get down to the nitty-gritty on making an offer on a home. This process can be quite different depending on how the local market looks at the time of the offer. In a seller's market there may be competition for any given home and competing offers can drive the price of a home up quickly. However, the national market has definitely shown signs of moving towards a buyer's market and that is a whole different ball of wax. In a buyer's market it is possible for the buyers to go a little overboard, or "underboard" as the case may be when making their offers. Just because it is a buyer's market does not mean that sellers are going to accept an offer that is less than the actual value of the home.



Low-ball offers are difficult things to deal View the rest of this article


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