Question:

How to get a Fair CMA???? Superior comps

Answer:

Your very best bet would be to have an experienced buyer’s agent helping you.  I am not an agent trying to solicit business here - this is just good, honest advice.

What offer you make depends on many factors - first and foremost, how much do you love the home?  If your intention is to make an offer that is aggressive enough to get accepted, the good news is that you can not pay more for the home than what it’s worth.

Let me explain.  Regardless of what the “purchase price” is of the home - the lender will not lend more than the home is worth.  This is a valuable tactic for making offers on foreclosure homes in competitive offer environments.

Once the appraisal has been completed by the lender (for your home loan) you will know exactly what the current value of the home is and ultimately, what the sales price should/would be.

Complete the appraisal within your contingency period and you can back out of the purchase if the seller refuses to sell the home for what it’s worth.

Hope this helps a little.