cost of repairs. Don’t estimate based on your judgment, and don’t let the seller decide how much he thinks it will cost. Ask a professional yourself. Also, don’t let the seller get the quote. • Be prepared to walk away. This echoes to our earlier point about not getting emotionally attached until you have bought and moved in. If, at the end of the day, you find out the compromise required is more than one you’re prepared to make, just walk away.
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WHAT YOU NEED TO KNOW IF YOU HAVE TO SELL IN ORDER TO PURCHASE A NEW HOME Are you looking to purchase a new home in the near future? Do you need to sell your home to be able to afford the new one? If so, the following information can help you avoid costly and time-consuming mistakes, so you are better prepared to enter the market and get your offer accepted. While the market is slowing down slightly from the hyper-crazy multiple offers frenzy we have been experiencing over the past 2 years, there is still less inventory than buyers, making it still a sellers' market. While we are not seeing offers 50K above list price or homes sold before they even hit the market as much as before and we are not seeing 20 offers for every home, we are still seeing "time to contract" considerably less than typical real estate markets in the past and are still seeing multiple offer bidding wars with continued upward price pressure. Sellers can and still are being picky about the offers they will 48
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