Don't Let Lowball Offers Get You Down

Some of us are newshounds, leaving the television tuned to CNN as we check online news, while some of us scan a newspaper at a newsstand for headline and figure that is enough. No matter what category you are in you’d have to be living in a cave no to know about the current difficulties in the housing market.

That said, as wonderful a job as the media does to inform us, sometimes we end up misinformed because the stories that take the forefront become overwhelming. People who keep hearing over and over that housing prices are dropping and that the real estate industry is in trouble, get the idea that they can buy a house for nothing. This is simply not true.

If you are selling, you may get some lowball offers from people who figure that you are desperate to sell at any price. If nothing else, they may think it is at least worth a shot.

Don’t let ridiculously low offers unsettle you. There are still buyers who are aware of the market and know that while they may be able to offer less than a few years ago, they cannot expect to get a house without recognizing its value.