strong pre-approval letter, being flexible with closing dates and a higher earnest money deposit are all strong contract terms, to put you on the way to becoming the seller’s choice. Also, let the seller know the financial options you have. Some mortgage conditions and funding programs are more attractive and may influence the seller’s decision. Bid at or above listing price. There is not much sense in offering significantly less in a seller’s market. But, don't go outside your budget. If you don't get this one, there will be others. It would be helpful to review the contingencies list. The fewer clauses you have there, the more attractive your offer seems to the seller. However, it’s recommended not to remove home inspections. This means the seller won’t be liable for any uncovered issues with the house, and you’ll have to pay for the repairs on your own. Negotiating the price is a very stressful period in a home-buying process. You’re not quite sure what the results will be, or exactly how much money you’ll spend. In any case, keep in mind that the owner is interested in selling his home, and you’re willing to buy it. With a little time and a little effort, you’ll both be able to achieve your goals.
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