Everything is negotiable when buying a house. For some reason, most buyers either don’t believe it or don’t like it. Here’s a partial list of what’s negotiable when you buy a home:
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Price
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Financing
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Closing costs (except where specified by financing or law)
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Occupancy (When can you get the key and move in?)
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Painting (Will the seller repaint a portion of or the entire house?)
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Repairs (Will the seller repair the roof, plumbing, windows, etc., and what kind and quality of repairs will be made?)
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Yard (Will the seller remove unwanted trees, bushes – put in desired landscaping?)
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Fixtures (Which lights, fans, appliances, etc. stay and which go?)
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Wall coverings (Do the drapes stay or go?)
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Furniture (Will the seller include certain pieces?)
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Prepaid taxes and insurance (Will the seller credit you with these?)
Negotiation gives the buyer incredible power in making a favorable transaction. It can also place him or her in a position of immense weakness. Negotiation can determine whether you get the home of your dreams…or whether those dreams end up being a nightmare.
Ultimately, how you fare when buying a home is going to be a direct result of your knowledge. The more you know, the better position you’ll be in to negotiate.
Remember…Experience Is Not Expensive….It Is Priceless!
Call Toll Free (888) 707-0121
Midland 1st Choice – The Underwood Group, LLC
For all of your relocation needs contact Denise Underwood, Realtor®, Broker, CRS, GRI, ABR,
This copyrighted information is provided courtesy of the Stewart Title Guaranty Company.