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When you are preparing to submit an offer, there is one concrete piece of information that is known to you – the vendor’s asking price.  The question is – how are you going to determine what to offer? This section discusses some of the areas you’ll want to consider when submitting your offer. Making an offer can be considered as a 4-stage process: -

Determining what the property is worth;

Determining what offer you should submit;

Negotiation;

Determining the terms that you should ask for.


In the pages ahead we'll consider each of these areas in a bit more detail.
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