Representing home buyers, I lost out in TWO multiple offer situations in a ten day period. Ouch!
- How will you feel if you lose this home to the other bidder? Will you feel slightly disappointed or will you feel miserable?
- Do you have a 2nd or 3rd choice that you would be happy with?
- Does THIS home offer features that you are not likely to find in other homes? Is it unique and does it meet your wants and needs?
- If you pay slightly over list price while getting a very low interest rate, will the amount of your monthly mortgage payment increase enough to prevent you from paying more? OR, does the thought of paying more than list price just not sit well with you?