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

Realtor.com

In a competitive market, buyers might be tempted to forgo a home inspection to speed up the process and appeal to sellers. Better to move forward with the home inspection, and then use the findings as a potential bargaining chip. If your inspection reveals any issues, you can ask the sellers to make repairs as a condition of the sale.

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Tips to Help Buyers Successfully Navigate a Hot Real Estate Market

Realty Biz

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. You should include a home inspection contingency, but you can make it minimal. Offer to rent back to the seller.

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Big-City Convenience with Small-Town Charm: How to Buy a House in Arlington

HomeLight

According to the Arlington Department of Real Estate’s 2021 market study , residential property values are up 5.6%. The average value of existing residential properties — including condos, townhouses, and detached homes — is $724,400 as of February 2021. A home inspection can help buyers get a good grasp of the home’s condition.

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

HomeLight

Inspections & attorneys. Jean Chou , the principal attorney at JLC & Associates , advises her clients who buy in smaller buildings to schedule their own inspections as part of the homebuying process. NoHo is a residential neighborhood with bohemian vibes, where celebrities like Cher and Britney Spears have had homes.

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Change the script you’re using with buyers and sellers

Real Trends

This could involve a quick settlement, a rent-back offer, a home inspection without repairs, or doing away with other contingencies. You should always have a back-up plan if things go differently than you anticipate. Tom Nalls is residential sales manager/associate broker at Coakley Realty.

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

HomeLight

A cash buyer will generally not use a financing, appraisal, or home sale contingency , and many cash buyers will inspect the property for informational purposes only. Your inspection could reveal a big repair that you did not anticipate, forcing a renegotiation. You’re overwhelmed with prepwork. You’ll likely see higher offers.