North Metro Atlanta · Selling
What happens if I offer too much over asking?
Offering too much over asking risks an appraisal gap, where the lender's appraised value comes in below your offer price and you have to cover the difference in cash or renegotiate with the seller. Joel Boss checks recent comparable sales before recommending how far above asking a specific offer should go. Winning a bidding war on price alone can backfire if the appraisal cannot support what you agreed to pay.
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