The housing market is more cutthroat these days than ever before. With such high demand and such low inventory, competition is fierce so it’s not uncommon for buyers to bid on a house the moment it hits the market. Sometimes, this even involves making an offer without ever stepping foot inside the home. While it’s certainly true that desperate times can call for desperate measures, buying a home is a major purchase, so you might want to consider all of your options before bidding on a home based solely on pictures or virtual tours.
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