Step 6-
Negotiate the Offer on the Home
Once your
offer is made, you and your real estate agent may need to enter
some negotiation in order to reach an agreement. Keep in mind
that almost everything is negotiable when you are buying a house.
This can give you a great deal of leverage in the buying process
-- that is, if you have adequate information and you use it in
an appropriate manner. Your agent will have the market knowledge
and negotiating expertise necessary to make sure that your offer
is accepted at the best price and terms possible for you.
Some of the
things that you may have to negotiate are:
-
The price
- Financing
- Closing
costs
- Repairs
that need to be done
- Appliances
and fixtures
- Landscaping
- Painting
- Occupancy
time frame
The key to
successful negotiating is keeping in mind that the end result
must make both you, the buyer, and the seller happy. Otherwise,
negative feelings will persist throughout the remainder of the
process and someone may walk away feeling that they were not treated
fairly.
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