Buyers
In following up with yesterday’s post, if you are in the market to buy a house, here are some things to consider:
If a house is definitely priced below market, don’t be afraid to make a full price offer. I saw two occasions of multiple offers in two weeks.
If a seller will not lower the price, consider asking for concessions such as closing costs, prepaying homeowner’s association fees, throw in the washer/dryer, etc.
If you want to buy a new construction, and if many units are available, you can definitely ask for more goodies. The developer will not want to lower the price because it will affect the next sale, and anger the previous buyers who bought at a higher price. But you can negotiate free upgrades, closing costs, landscaping, window coverings, and even prepay mortgage payments.