Newton, Baxter and Colfax real estate and homes for sale in Iowa - Geri Doyle and Caren DeVoe, REALTOR®

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Real Estate Tips

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.

	See All Tips In The "Accepting An Offer" Category >
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Real Estate Trivia

Q	What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?
A	One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million.
See More Real Estate Trivia >

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Geri Doyle and Caren DeVoe, REALTOR®, real estate agent and broker for Newton, Baxter and Colfax, Iowa home listings, property and land for sale - NUMBER1EXPERT

Geri Doyle and Caren DeVoe
Doyle & DeVoe-Iowa Realty
736 N. 3rd Ave. E
Newton, IA 50208
Geri: 641-792-5678
Fax: 641-792-5668
Caren: 641-792-5999
Toll Free: 1-866-792-5656
Geri Doyle: wesellnewton@gmail.com
Caren Doyle: cdevoe@iowatelecom.net
Geri,CRS, e-Pro, and Caren, Broker Associate, SFR, know how important it is to have caring professionals to help you when you're making a move. They give you the one-to-one attention you deserve. Buying or selling a home is an important step for a family. We connect with our clients both on a professional and an emotional level. There are many decisions to be made when purchasing or selling a home. Count on us to keep you informed of the market trends and latest conditions so you can make informed decisions when the time comes.

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