What would you do?

Okay, here is one for you.

You go out with a realtor to buy a vacation home. You are out of town. She shows you three homes in a state you are unfamiliar with. You don’t know the market trends, etc.

Two of the three homes she shows you are vacant, but they are perfect and in your price range. You want to make an offer. You are happy and satisfied with all three but have chosen one you like in particular.

Before you make an offer on one of the homes, however, the realtor tells you homes in the area are HOT, HOT, HOT and sell within a day — usually over the asking price.

Do you believe the realtor? Do make a purchase offer?

Do you offer more than the house is worth? If not, why?

To find out WHY I asked, click here.