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How to Make an Offer for a House

Formulating an offer is not a precision endeavor. Unless you are buying a new home, or a home or unit in a development where identical units have sold very recently, there is definitely an element of crystal ball-style prognostication involved in trying to make an offer the seller is likely to accept without paying more than you have to for your home. It’s not a total guessing game, though; there are some basic steps you and your Realtor can take to arrive at a price range and other terms that make sense.

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