A lowball offer is an offer that is substantially below the listing price of a house. If you are going to buy a house, you might as well try to get it for as low as you possibly can. For this reason people sometimes make low offers because you never know if the sellers will accept your offer. More often than not sellers are offended at lowball offers and do not seriously consider accepting the offer. Homeowners are usually emotionally attached to their home and are incensed when people put in an offer that is well below what is considered the true value of the home. Sometimes sellers will accept lowball offers but only if they are presented correctly. If you are going to make a lowball offer on a house, do not make these three mistakes.

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