How To Get The Best Deal On Your Next Home
If you're someone who is always looking to get the best deal, clipping coupons, and browsing thrift stores, then it is no question that you absolutely want to find out how to get the best deal on your next home! The idea of purchasing a home at -or above- asking price just might be too much for you to consider. You're someone who is used to shopping around and looking at all the pros and cons of things before committing to a purchase, so why should that be any different when buying a home?There are several ways to get the best deal on a home that don't include making a lowball offer. Nope, we are talking tactics. So we are sharing tips to help you learn the best tactics when it comes to getting the best deal on your next home. Keep reading to learn more and click this link to read the entire article.
1. Keep an eye on 'price reduced' properties
If a home has been languishing on the market, the sellers might be eager to cut a deal—even if the price has already been reduced. Listing websites make it easy to find homes whose prices have been cut. On realtor.com®, for example, just search for the city you want to buy in. Then on the right side, click on the drop-down menu that defaults to "Relevant Listings" and select "Price Reduced."You can also contact a local real estate agent who will have extensive knowledge on properties in specific neighborhoods.
2. Sweeten the deal for the seller
Try to understand the sellers' specific needs and situation. Do they need to relocate for a new job, like, yesterday? Offer to move up your closing date. Do they want to finish out the school year in their old home? Let them stay put for a few extra weeks after the sale—in exchange, of course, for a reduction in price.
It never hurts to ask your agent to speak with the listing agent to find out what terms might make the sellers jump at a lower offer.
3. Look for a kitchen with potential
An ugly kitchen can drive buyers away, causing a home to sit on the market for months. So instead of fixating on an HGTV-worthy dining and entertainment space, look for a kitchen you can work with. Are all the appliances in good working condition? How's the flow and layout? Then consider the things you can easily fix.For example, for a relatively modest investment, you can repaint solid wood cabinets, update the lighting, replace the faucet, add distinctive cabinet pulls, and redo the floors and counters. Then you'll have a kitchen you'll swoon over.