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Newsletters and blogs that do not fit into one of our main categories about NJ law

How Do I Decide How Much to Offer for a House?

The decision to purchase a home can be nerve-racking, especially if it’s your first time. This is for good reason. When small differences in houses amount to the cost of an SUV, the quality of your initial offer can cost or save you thousands. In determining how much to offer, it helps to consider these factors. Factors in Deciding How Much to Offer for a House Your budget – The number one determinant of how much you should offer is how much you can afford. You should procure a loan prior to seriously considering buying a house, that way you know exactly how much you can offer. The seller’s price – No matter how good of a negotiator you are, the original starting point placed by the seller is going to largely determine how low of an offer you can make for a house. However, keep in mind that some…
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