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Thinking About Writing a Love Letter to the Seller of Your Dream Home? It’s Not Always a Good Idea

HomeLight

Avoid mentioning plans to remodel or renovate. Avoid mentioning any plans to remodel or renovate the home in your offer letter. Your best purchase price offer is a mix of the final number, earnest money, and perhaps paying some of the seller’s closing costs. Consider the seller’s closing needs.

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Should I Sell My House in 2022? Factors to Help You Decide

HomeLight

Among survey participants, 23% agreed to a closing timeline preferred by the seller which would be more convenient if you’re waiting to move into your new house. Dodging the hassle and expense of making renovations is a significant advantage if you have an older home or you’ve inherited property in another state.

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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. She encouraged the buyers to express fondness for the home, even the parts they intended to renovate.

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

HomeLight

Unless you’re buying for investment purposes and planning to completely renovate the house in order to rent or resell it, you’ll probably want to know what you’re getting into. Not only can a full-price offer give you an edge over cash if it’s a low cash offer, but you can gain additional advantage by offering to pay closing costs.

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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% Painting and refacing cabinets in your new home are doable, but if you’re eager to make bigger home improvements after your purchase, know that many buildings only allow a few units to be renovated at a time. One-bedroom apartments in co-ops can start at $700,000 in co-ops compared to $1.2

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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

Dashner adds that cash buyers are much less likely to include requests for seller assistance with closing costs compared to offers with certain types of financing, which can also help improve the seller’s cash position. Turnkey homes are in especially high demand.