Tag: bidding war

Buyer Beware of a Bidding War

A hot real estate market is generally great news, signifying a thriving economy and an attractive place to live. But hot markets can also be problematic for certain buyers, particularly those purchasing for the first time. Here’s what the novice needs to keep in mind about a bidding war. Know your budget and stick to… Read more »

What to Do When You Have Multiple Offers on Your Home

Most home sellers can only dream of a bidding war on their houses. But in a brisk market, sellers with an attractive home in a great location can find themselves entertaining multiple offers. Is the highest offer always the best offer? Not so fast. Do your homework. At the very start, meet with your agent… Read more »

How to Win a Bidding War on a House

If you live in an area where homes are selling for asking price or more, you could find yourself in a bidding war. Here are five tips to reduce your stress and come out on top. Have your money in order.  Do a solid budget analysis and know precisely how much you can afford to… Read more »