CHAPTER 6 Buying a House: Negotiation Dos and Don'ts
You visited dozens of open houses and met with builders and sellers. You looked for the ideal neighborhood and searched for the best available offers. Now, you've finally found a property you would like to call
"home" and are willing and able to pay for. Or, maybe you were lucky, and it was love at first sight, and you're eager to close the deal as soon as possible. Congratulations! Welcome to the most crucial stage of the home-buying process: the price negotiations. This is where your preparation and strategy will be tested, and you can secure the best deal for your new home. You can start with an estimate of your financial status and available financing options. If you're a first-time home buyer, federal programs and state loans will help you with the down payment and mortgage interest rates. I'm sure you know how much money you would like to spend. Considering all the opportunities and possibilities will give you flexibility during the negotiation process.
HOW TO MAKE YOUR FIRST OFFER THE BEST OFFER
54
Powered by FlippingBook