Navigating a seller’s market

BY CHRISTOPHER MURPHY 

  A while back, I wrote an article entitled “Caveat emptor … let the buyer beware,” discussing the importance of seller disclosures when purchasing a home. Well, it’s time for another caveat emptor article, but this time as it applies to purchasing a home in a what’s referred to as a seller’s market.

  The standard definition of a seller’s market refers to a real estate market where demand for property exceeds the inventory of property available for sale. In other words, there are more buyers looking to purchase . . .

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