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 - Tractor Hydraulics - The Basics - by Curtis Von Fange. Hydraulics was one of the greatest inventions for helping man compound the work he can do. It’s amazing how a little floor jack can lift tons and tons of weight with just the flick of a handle. What’s even more amazing is that all the principals of hydraulic theory can be wrapped up in such a small package. This same package applies to any hydraulic system from the largest bulldozer to the oldest and smallest tractor. This short series will take a look at the basic layout of a simple hydraul
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