Real Estate is a competitive business, not only for the Real Estate agents, but also for the clients that we serve. Buyers often find themselves in competition with other buyers. Listings are in competition with each other to attract buyers. So it is not uncommon to fall in love with a home and find that you are in competition with one, or more, offers.

There are obviously risks when competing for a home in this situation. As a buyer it is useful to understand what you are getting yourself into. Here is a likely scenario.

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