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When to Walk Away (Setting Limits and Not Overpaying Just to Win)
In Episode 15 of Money Moves with Michael, Michael Fornerette breaks down one of the toughest parts of homebuying: knowing when to walk away. In a competitive market, emotions run high and bidding wars can push buyers far past their comfort zone. This episode gives you the four essential rules that keep you grounded, disciplined, and financially protected.
Michael covers:
Setting your maximum price before you even step inside a home—and why you must stick to it
Why covering big appraisal gaps is almost always a losing move
How patience pays off when deals fall through and homes return to the market
The red flags that should make you pause, rethink, and walk away confidently
You’ll hear real-world scenarios, common traps buyers fall into, and the long-term consequences of overpaying just to “win.” Michael also shares how his team helps clients evaluate offers and avoid emotional decision-making.
Next week: Home inspections—what’s normal, what’s a problem, and how to negotiate repairs like a pro.
This podcast is hosted by ZenCast.fm
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By Michael ForneretteIn Episode 15 of Money Moves with Michael, Michael Fornerette breaks down one of the toughest parts of homebuying: knowing when to walk away. In a competitive market, emotions run high and bidding wars can push buyers far past their comfort zone. This episode gives you the four essential rules that keep you grounded, disciplined, and financially protected.
Michael covers:
Setting your maximum price before you even step inside a home—and why you must stick to it
Why covering big appraisal gaps is almost always a losing move
How patience pays off when deals fall through and homes return to the market
The red flags that should make you pause, rethink, and walk away confidently
You’ll hear real-world scenarios, common traps buyers fall into, and the long-term consequences of overpaying just to “win.” Michael also shares how his team helps clients evaluate offers and avoid emotional decision-making.
Next week: Home inspections—what’s normal, what’s a problem, and how to negotiate repairs like a pro.
This podcast is hosted by ZenCast.fm