Buyers, get into negotiating position
Crafting purchase offer takes strategy
By Dian Hymer, Monday, November 10, 2008.Bridging the price gap between home buyers and sellers can be a challenge in today's market. Sellers, many of whom have a hard time accepting that their home has lost value, often expect to sell for more than buyers are willing to pay.
Buyers, on the other hand, are concerned that home prices could drop further. So, they're making sure that they don't overpay.
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