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Harford County, Bel Air and Cecil County Information:

  • About Harford County - Moving to Harford County, Maryland? Get info here...

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  • About Cecil County - Moving to Cecil County, Maryland? Get info here...

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Real Estate Tips
Accepting An Offer >Low Offers

In every real estate market, there are buyers who make offers that are far below the current market value of the property. How should you react if your agent brings you one of these "low ball" offers? Here are some scenarios for the seller.

If your home is priced very close to its fair market value, you can simply reject the offer and be reasonably confident that a better one will appear. However, if you have priced your home higher than other comparable homes in the neighborhood, the offer may not be unreasonable.

Ask your real estate agent for advice about the buyer's overall strategy. Do they really want your house or will they move on to another property if you make a counter offer? Can they afford to pay a higher price? Are there ways to close the gap with a small owner take-back, or with terms that will increase your bottom line? Take a hard look at your asking price and explore all your options before saying "no", especially if you are selling in a buyer's market.

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Real Estate Trivia
Q 
What areas are known as the 'silk stocking' districts of this famous city?

A 
In Central Park West, Fifth Avenue and Park Avenue in Manhattan, apartments go for $222,610 to $282,709 per room.
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Suzanne Burton, REALTOR®, real estate agent and broker for Harford County, Bel Air and Cecil County, Maryland home listings, property and land for sale - NUMBER1EXPERT

Suzanne Burton
RE/MAX American Dream

620 S. Main Street
Bel Air, MD 21014
410-420-7355
Fax: 410-879-4771
suzanneburton@NUMBER1EXPERT.com


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