Competing for the house you want is a reality you have to deal with when it comes to buying a home in 2016. This can often be a stressful process and one that makes a lot of people uneasy. The process often becomes even more stressful when you’re in a hot market.
Problems with a Hot Market
When people find themselves looking for homes in a hot market, it can be tempting to make emotional and hasty decisions which might cause you to ignore real facts about a house or neighbourhood. One thing I frequently remind my clients of is, just because you’re competing doesn’t mean you should ignore the market value of the home. It might seem like an easy solution to outbid everyone else who is interested in the home, but this might back fire on you when it…
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