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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.”. If your inspection reveals any issues, you can ask the sellers to make repairs as a condition of the sale. Closing costs.

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Southern California Home Prices Hit All-Time High in April

First Team Real Estate

Looking at sales and prices for April 2021, both rose in all counties across Southern California: Los Angeles County. Sales: Up 101%. Sales: Up 97.9%. Sales Up 80.8%. Sales: Up 66.9%. Sales: Up 74.1%. You are likely to pay little to no closing costs, no repairs, and cash out big. Orange County.

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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. If something needs to be fixed that makes the buyers feel uneasy about going through with the sale, suggest they ask the sellers to repair 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. The type of contingencies that you might want to skip is for the seller to pay part of your closing costs or for a home warranty. Offer to rent back to the seller. Minimal or no contingency clauses.

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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. Additionally, buyers who are backed by a cash-purchase product can present a very attractive cash offer on a home they love. Updated August 31, 2021. Source: (Mike / Pexels.com).

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What Is a Home Sale Contingency?

HomeLight

That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. Most often, this type of scenario calls for a home sale contingency. Find a Buyer's Agent What is a home sale contingency? Thus, the purchase agreement is “contingent” on the sale of the buyer’s existing home.