Buying a house. How to make your offer attractive.

Bill & Lia McNally

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by Bill McNally and Lia McNally
Halton Hills real estate agents.  

After looking at many homes, you’ve finally found “the one.” Before you sign the offer and have it presented to the sellers there are a few things that you should know to better your chances of it being accepted.  

 The market conditions- If there are more buyers than homes on the market, it what is called a seller’s market and consequently you’ll have to make sure your offer is attractive. Alternately, if the pool of houses for sale exceeds buyers, you’ll be in the midst of a buyer’s market. This means that you will possess more bargaining power.

The home’s approximate value based on comparing it to similar homes in the area- This will help to establish an idea of how much to offer for the house. Many buyers try to start with an extremely low offer…

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