Everything — in real estate, absolutely everything — is negotiable.
Recent economic reports indicate that real estate sales are on the increase, especially since mortgage interest rates are at an all-time low. But, despite what experts tell you about sellers having the upper hand, it still is a buyer’s market.
Contact the appraisers at www.scappraisals.com for value questions. An appraisal of the property before negotiation may help in the negotiation process.
Home buyers, especially first-timers, do not understand that they have the right to bargain and negotiate all aspects of their real estate purchase.
Potential buyers should not hesitate to make a low offer on a house. The real estate broker or agent has a duty to submit any offer — no matter how ridiculously low it may seem — to the owner of the house.
A seller has three options when an offer is received. She can reject it out of hand, accept it or make a counteroffer.
If your offer is rejected, you can always present another offer that is closer to the seller’s asking price. Or, if price is a concern, you can look for something else.
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