Tip of the Day # 9 re: Buying a Home

Do your homework before bidding.

Your opening bid should be based on the sales trend of similar homes in the neighborhood. So before making it, consider sales of similar homes in the last three months. If homes have recently sold at 5 percent less than the asking price, you should make a bid that's about eight to 10 percent lower than what the seller is asking.

 

Suzanne Prezio

Suzanne Prezio

Licensed Real Estate Salesperson
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