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First-time buyer in Sweden: practise before you bid

Your first home in Sweden is a big decision. Practise on real sold prices before you bid, so that you feel calm on bidding day.

· 1 min read

A young player looks at a big phone with a map in front of a small block with a for-sale sign

Your first home purchase is probably the biggest payment you have ever made. Most first-time buyers have never practised for it.

The problem

You go to viewings. You see asking prices. Then the bidding starts, the price goes up, and you do not know if it is reasonable.

The fix: practise with sold homes

Before you bid, guess what similar homes really sold for. Compare your guess with the real price. Do it 30 times. Now you know if your gut is too high or too low.

Make a budget from final prices

Look at the final prices for homes like the one that you want. That is your real budget, not the asking prices.

Know your maximum

Decide your maximum before the bidding. Write it down. Share it with your partner, if you buy together.

Stay calm

Bids are not binding until the contract is signed. Do not let the speed of the bidding push you over your maximum.

Use PricePinner

It is free, and it is made for exactly this. Play the areas where you want to buy.

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