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Is it a bad idea to lowball on an offer like offering 280,000 on a 310,000 listed home?

By
Real Estate Agent with Just Jersey Real Estate.com

It's a buyer's market. $280,000 on a $310,000 is not a low ball offer.  As a buyer you offer and pay what you feel the home is worth not what the seller feels their home is worth.  Your agent should help you determine the best price for a home and where to start in the bidding process.  My best advice for you is to always be able to walk away if you think it's not a fair price.  Good luck to you.

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