When you’re negotiating to buy a property, it can feel overwhelming. Here are some tips to make the process a little easier.
Respond quickly to counteroffers. Delaying your response can leave openings for other buyers to make their move. You may win a bidding war, but it will drive the cost of the property up.
Make the most of your agent. It can be tempting to save time by contacting the seller’s agent directly, but don’t do it! Buying a house is a legal transaction with lots of tricky terms and laws: your agent knows how to navigate this. You hired them for a reason; let them do the job.
Run the numbers. It’s easy to inch up in price during buying, so keep an eye on the numbers to make sure you stay in your affordable zone. If you’re debating between two properties, ask your agent to run the info on taxes, payment, and insurance on both properties.
I hope you found this article useful. Give me a call if you have any questions.