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For Sellers: Burbank, Sun Valley and North Hollywood California home buying, real estate listings, and homes for sale in Los Angeles County, CA

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Accepting An Offer >Low Offers

In every real estate market, there are buyers who make offers that are far below the current market value of the property. How should you react if your agent brings you one of these "low ball" offers? Here are some scenarios for the seller.

If your home is priced very close to its fair market value, you can simply reject the offer and be reasonably confident that a better one will appear. However, if you have priced your home higher than other comparable homes in the neighborhood, the offer may not be unreasonable.

Ask your real estate agent for advice about the buyer's overall strategy. Do they really want your house or will they move on to another property if you make a counter offer? Can they afford to pay a higher price? Are there ways to close the gap with a small owner take-back, or with terms that will increase your bottom line? Take a hard look at your asking price and explore all your options before saying "no", especially if you are selling in a buyer's market.

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Q	Who received the largest land grant ever given to an English subject for only two beaver skins per year?
A	William Penn, the Quaker leader, received Pennsylvania and Delaware to settle a debt owed his father by King Charles II.
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Grace Fogg Miranda, REALTORŽ, real estate agent and broker for Burbank, Sun Valley and North Hollywood California home listings, property and land for sale - NUMBER1EXPERT(tm)

Grace Fogg Miranda
Keller Williams
401 South First Street
Burbank, CA 91502
Office: 818-239-3545
Fax: 818-239-3555
Mobile: 818-512-9840
Email: grace@FabulousDreamHomes.com
Grace is a consistent top producer and highly successful real estate agent serving the Burbank, Sun Valley, Shadow Hills, North Hollywood and surrounding communities. Serving a wide spectrum of clients from first time homebuyers and sellers, entertainment industry clients, to equestrian enthusiasts and luxury properties, Grace's clients reflect the diverse area she serves. She combines attention to detail, integrity, professionalism, highest service, as well as utmost discretion as she assists her clients in the process of selling and buying homes. Need to buy a home in Burbank, Sun Valley, North Hollywood or Shadow Hills? Call Grace today! Need to sell a home in Burbank, Sun Valley, North Hollywood or Shadow Hills, Grace can help with that as well! Selling real estate is her passion, and she is a Certified Short Sale Specialist, a PDS Certified REO specialist, and a Certified Pre-Foreclosure Specialist.

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