This is on of the sadest things that can happen in Buying a home.
The biggest reason is that it is totaly avoidable.
It can be ok to get opinions form others but the Professional is getting paid, make them work for it.
It will cost you a lot less in the long run
And it has happened again.
Hi Bill, We love the house.
WE want to make an offer.
WE will offer them 10% below what they are asking.
Now I have counseled these buyers for several weeks.
I have also told them that their Uncle may be thinking he is helping them but he really is not.
"The market is slowing down so now is a good time to low ball."
I wrote the contract. There was 4 other offers.
The listing agent is a good friend.
He agreed to send a note saying the status of their offer.
Thank You for your offer. Sorry, but it was the only offer below the sellers asking price so they have declined your offer.
My clients were devastated. The home was perfect and would have offered over list also, but...
Buying or selling a home...Make sure the advice you listen to knows is coming from a real professional!