These days, it is very common for homes to sell for more than the asking price. There are a number of reasons for this: Sellers often low-ball the asking price in hopes of a quick sale and to generate a lot of interest. Prices are recovering quickly these days, and everyone whose ever watched an infomercial on "flipping" wants to get on board. Banks are being very careful not to flood the market with foreclosed properties, which creates a shortage since the majority of sales are bank-owned properties.
You need to be objective about the deal, which often is not easy to do. Figure out what you're really willing to pay, and make that your "final" offer. Chance are, all the offers are fairly close to the asking price. And if there is a bid that's way over the asking price, well you're not going to outbid them anyway.
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Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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