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| Avoid Overpaying |
- Know local sales prices
Ask your agent to check comparable homes sales or do your own research to measure your offer against current price tags.
- Don't get carried away in a multiple-offer situation
Stick to your market research and negotiate with a clear head. You may win the bid if you offer better terms, and still get a lower price.
- Control your emotions
No matter how much you want the house, you'll probably feel worse knowing you overpaid.
- Never buy the best house on the block
It's not as likely to appreciate in value as a lesser property.
- Don't be afraid to walk away
Unless it's a unique property, you'll probably find another house you like just as much.
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