As homes in some affluent neighborhoods still are selling quickly, and in some cases also are garnering multiple offers, buyers may not realize the strategy of paying above the asking price for a home. Buyers looking for a specific property type, or for a home in an exact neighborhood, should work closely with their REALTOR® to determine a competitive offer, which may be above the seller’s asking price. In the long run, a home in a desired community, if properly maintained, historically increases in value and is likely to garner a profit for the buyer when the home is resold.
Norbert G. Huston
www.SanJoaquinHomes.info
California Department of Real Estate Corporate License #01059682
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