First-time buyers lose homes over low bids

Episode HMFP-1511H

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  • February 03, 2014

    9:00 AM e/p

Megha and Gopal want to score a deal on their first place, but after bidding on three houses and losing all of them to higher bidders, the couple is starting their search over. They find a 3-bedroom townhome that has nearly everything on their list and decide to make an offer. But, with five other offers on the table, low-balling is no longer an option. Will they offer a higher bid or again risk losing get their first place?