In order to get the best price for the home we want to buy, should we write a “low-ball” offer?
This is not usually the best strategy. You will generally get a seller to negotiate more on the price of their home by making a reasonable offer, as opposed to offering well below the market value of the house. If you offer too low you may offend the sellers and make them less likely to negotiate on price. An offer is not all about price. The terms of an offer have a lot to do with how acceptable it is to the seller. Closing costs, closing date, inspections, financing, and repairs are just some of the items that need to be considered when writing an offer. Your REALTOR® will advise you during the contract processs.
