How to Navigate a Multiple-Offer Situation When Buying a Home
How to Navigate a Multiple-Offer Situation When Buying a Home Avoid getting caught up in the drama of a bidding war as you compete with other buyers for a home. Bid smart to be a top contender, but don't get caught up in the competition. (Getty Images) By Sally Forster Jones , Contributor | Aug. 5, 2016, at 9:55 a.m. How to Navigate a Multiple-Offer Situation When Buying a Home The real estate market is competitive right now, especially in larger markets like Los Angeles and San Francisco . A lack of inventory over the last several years has pushed prices higher and created a challenging environment for buyers who are often up against five, 10 or even 20-plus buyers all bidding for the same property. For buyers who are just entering the market or for those who have lost out on one or several properties, here are a few tips for put...