According to Keeping Current Matters, with a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common.
Offering Over Asking Price
When you think of sweetening the deal for sellers, the first thought you likely have is around the price of the home. In today’s housing market, it’s true more homes are selling for over the asking price because there are more buyers than there are homes for sale. You just want to make sure your offer is still within your budget and realistic for the market value in your area – that’s where a local real estate professional can help you through the process.
To find out more on how to help you win a bidding war on your home, please view this article in its entirety here.
Source: KeepingCurrentMatters.com
