Whaddya Mean There Are Other Offers? I Thought This Was A Buyers' Market!
By Elizabeth Bolton, Cambridge MA Realtor
(RE/MAX Destiny Real Estate Cambridge, MA)
Given the unrelenting doom and gloom in the media, it's no wonder you feel like you've got the upper hand when you're looking for a new home. Visions of lowball offers, grateful sellers, and bargain basement prices dance in your head. But real estate is local and even today you may find yourself in a competive market where houses sell quickly and still get multiple offers. There have been a number of multiple offers in my market recently and it can take newcomers by surprise. Some houses, clearly well priced, get half a dozen or more offers the first weekend on the market. So here's a game plan to take you through the crazy, stress-producing process of buying a home when you've got competition. What's a savvy buyer to do when there are multiple offers? For starters, don't be d...
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