So you’ve reached the stage in the home buying process when it’s time to decide what price you’re going to offer. This is an important step because it sets the stage for the upcoming negotiations. It’s very rare that you’ll actually pay the amount of your initial offer; negotiations and other factors such as the market will dictate where the final price is agreed on. Still, it’s important to know how to arrive at your initial offer. Keep on reading to learn more about how this works.
How should you price your offer on a new home?