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And also consider making the offer for slightly OVER asking or what will be asking IF the comps support it.
Don't want to hijack but I keep seeing this and am all for that strategy, but when you say slightly, do you mean 3k? 5k? 10k? I know it varies depending on the house price and what comps look like too, but if that overage is meant to get the leg up over other potential buyers, how much would you think is enough?
You might be better off waiting for spring - a lot more houses will be on the market. Inventory seems crazy low at the moment. In my neighborhood of 300+ homes only one house is on the market. Usually it is around 10.
You might be better off waiting for spring - a lot more houses will be on the market. Inventory seems crazy low at the moment. In my neighborhood of 300+ homes only one house is on the market. Usually it is around 10.
Inventory is definitely really low. Spring will see more homes brought onto the market but will also mean more buyers looking for those homes.
Don't want to hijack but I keep seeing this and am all for that strategy, but when you say slightly, do you mean 3k? 5k? 10k? I know it varies depending on the house price and what comps look like too, but if that overage is meant to get the leg up over other potential buyers, how much would you think is enough?
Whatever the comps will support.
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Sounds like you need to schedule a meeting with your buyer's agent so s/he can give you a quick Home Buying 101.
Oh, yes. That is apparent.
Wait until spring?
Not really.
The bell curve of available inventory appears to track the bell curve of Active RWA buyers, so competition is no less. Probably more for the good stuff.
Sounds like you need to schedule a meeting with your buyer's agent so s/he can give you a quick Home Buying 101.
We had that meeting - it probably went in one ear and out the other since it was right before the holidays. She was pretty thorough so I'm sure she mentioned it and I had forgotten.
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