Do you want to get in a bidding war? If you want to make a commitment to a property follow Nike’s advice, “just do it.” If you wait for another offer to come along the property will probably be more expensive. Even in a slow market many homebuyers will recognize a good house at the right price, so you don’t want to wait if one of the good ones comes along – that’s when the price is driven up. Competition is good for the seller, not the buyer.
I am imploring all serious, qualified buyers… DO NOT hurry up and wait. You will loose the home that you love and then search for it for the next 18 months… “Just do it!”