6 Steps to make the Best Home Bid

To determine a bid on house can be daunting but if you follow these 6 steps the process would be easier.

Take the market’s temperature

Is the housing market hot or cold?

Look at comparable sales

Checking out previous house sales in the area can help you determine true market value.

Ask around the neighborhood

Ask the neighbors about crime rate, traffic, schools. That can help you determine if you want to place a bid or not.

Learn the seller’s situation

Find out why a seller is selling, that can help you determine a bid price.

Ask your agent’s opinion

An experienced agent can give you advice about a reasonable offer.

Protect yourself with contingencies

Protect yourself by including a list of contingencies in your home price offer.

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