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Lowball Offers: The Risky Strategy That Can Still Land You Your Dream Home

Lowball Offers: The Risky Strategy That Can Still Land You Your Dream Home

By Christophe Choo Posted Mar 03, 2023 Beverly Hills, Latest Updates, Market Activity, Real Estate News, What I'm Reading

Hey there, readers!👋

Are you in the market for a new home? If so, you're probably wondering how to make the right offer when you find a property you like.💭

In this blog post, I want to share a story about a friend of mine who made a bold move when buying his dream home. 8-10 years ago, my friend was looking to buy a house for $12.5 million, but the seller was asking $14 million after a recent reduction. When my friend asked for my opinion, I suggested he offer $9.3 million. But, being a big-time lawyer and owning lots of real estate, he wanted to offer $8.3 million instead!😲

In this blog post, I'll be sharing how persistence paid off for my friend, and how his lowball offer eventually got him the house he loves.🏠

If you're considering making a lowball offer, this blog post is for you! I'll be discussing the risks and rewards of making lowball offers, and sharing some tips to help you make the right decision.💡

So, grab a cup of coffee☕️ and join me as we delve into the world of lowball offers and home buying!

Call Christophe Choo at (310) 777-6342 to tour your future home "HERE" or click "HERE" to estimate your home value

 

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