In a real estate market as active as downtown Chicago’s, it’s nearly impossible for home buyers to have an across-the-board strategy when it’s time to submit an offer. One common misconception buyers have about the home buying process is that full price should never be offered under any circumstances, which can often lead to those particular buyers missing out on a home or condo they really want.
One thing that’s important to recognize when making an offer is that market conditions are always changing, and how you go about submitting your offer should be based on a number of different factors that solely relate to the current state of the market, as well as each individual property.
In a hot sellers’ market for example, prices of homes and condos in
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