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Let’s Make a Deal! 7 Things You Can Negotiate When Buying a Home—Beyond the Asking Price

Realtor.com

But it’s not the only negotiable part of the sale—there are plenty of other ways to haggle aside from list price. “In In this market, trying to negotiate a sales price probably won’t get you far.”. In a competitive market, buyers might be tempted to forgo a home inspection to speed up the process and appeal to sellers.

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How to Compete With Cash Offers: 10 Ways to Write Winning Offers

The Close

Instead of offering $440,000 and waiting through the weekend, structure the offer so the sales price is $420,000, but if the seller accepts the offer within the next four hours, the sales price will be $440,000. Bidding wars are causing sales prices to rise far beyond what we as agents or appraisers can realistically justify.

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16 Tips to Win a Bidding War on a House

The Close

For example, many agents ask sellers to cover closing costs for their buyer clients. If your buyers can pay for their closing costs, that could put them at the top of the heap. When you remove the possibility of your buyers backing out, you’re giving that seller peace of mind that your clients are in it to win it.

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Tips to Help Buyers Successfully Navigate a Hot Real Estate Market

Realty Biz

Contingencies are specific conditions that must be met before the sale can be completed. One contingency that is almost always wise to include is a home inspection to be sure you aren’t buying a major problem that you aren’t aware of. Require a minimal home inspection. Offer to rent back to the seller.

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

Ever since the 2008-2009 recession, cash offers have become more prevalent, accounting for 33% of sales as of 2021 — that’s up from 20% in 2019. Cash buyers have the option of taking these same steps for appraisals and inspections, but they aren’t required to so to appease a lender. The inspection. Updated August 31, 2021.

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Get Your Own Slice of the Big Apple: Buying a House in Manhattan

HomeLight

Closing costs can range from 2.5% to as high as 6% of the sale price, so be sure to leave room in your budget for your attorney and real estate agent, as well as for filing fees and other required deposits. Inspections & attorneys. One-bedroom apartments in co-ops can start at $700,000 in co-ops compared to $1.2

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Opendoor vs Offerpad: How Do These Homebuying Companies Match Up?

HomeLight

Others perform a home inspection while their competitor skips one. Alternatively, HomeLight can provide an all-cash offer to purchase your home through our Simple Sale platform. This enables you to skip many of the typical hassles of selling a house (repairs, showings, open houses), and close in as little as 10 days.