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Mar
31

4 Keys When Buying a Home

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On today’s market, every savvy seller wants to know what turns buyers off, so they can get their homes sold as quickly as possible, for as much as possible.  But buyers, take note – there is a minefield of seller turn-offs you can trigger that hold the potential to keep you from getting the home you want at the best price and terms.  Here’s a few of the most common buyer-perpetuated seller turnoffs
1. Trash-talking. Trash-talkers are the home buyers who think they’re going to negotiate the list price down by slamming the house.   This strategy never works; in fact, when you attack a seller and their home, you only cause them to be defensive, and think up all the reasons that they shouldn’t sell their home to you!  Work with a qualified Realtor.

2. Being unqualified for mortgage financing. When a seller signs a buyer’s offer, most often the seller agrees to effectively pull the home off the market, forgoing other buyers who might be interested.  As such, the only thing worse than getting no offers on your home is getting an offer, getting into contract, then having the whole thing fall apart when the buyer’s loan falls through.  Find out how much you can afford at www.XPressMortgageQuote.com
3. Making unjustified lowball offers..  Sellers generally know the ballpark amount that their home is worth, as well as what they need to sell it for to get their mortgage paid off.  But just throwing super-lowball offers out at sellers hoping one will hit the spot is not generally a successful strategy, especially if you really, really want a given property.

4. Misleading or setting the seller up.  Being misled by listing photos or very fluffy property descriptions was high on the list.  Offering way over asking with the plan to hammer the seller for a reduction when the house doesn’t appraise at the purchase price?  Making an as-is offer planning the whole time to come back and ask for every penny ante repair called out by the inspectors?  Be fair and real from the start


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Categories : Sales & Marketing

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