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Georgia is terribly volatile right now. There's been a cease fire w/ the Russians, but you never really know what can happen. I'd keep my powder dry if I were you.
Most houses are priced right, and not priced over what the market will bear - that is if the owner is seriously trying to sell and their real estate agent is doing a good job. The only way to know if that house you're interested is priced right or not is to check the comps, which your real estate agent can do for you. If the house is priced right, you may be able to bid less, but most sales are closing at about 95% of asking price. Again, your real estate agent may have the figures to show you how close to asking price homes in that area are selling for. Of course, you could always bid what you want and see what happens, but you run the risk of losing that deal and having the sellers not want to negotiate or deal with you again.
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