Mood of the Market
Smart buyers are the ones who work with their local agent to understand the recent neighborhood sales and other market and personal factors to make an educated, reasonable offer based on the fair market value of the property -- an offer that neither throws money at the seller nor unreasonably lowballs them, wasting everyone's time.
Tara-Nicholle Nelson is author of "The Savvy Woman's Homebuying Handbook" and "Trillion Dollar Women: Use Your Power to Make Buying and Remodeling Decisions." Tara is also the Consumer Ambassador and Educator for real estate listings search site Trulia.com. Ask her a real estate question online or visit her website, www.rethinkrealestate.com.
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