WHAT TO NEGOTIATE WHEN BUYING A HOUSE

Dated: 01/13/2019

Views: 556

Whether you are a first-time homebuyer or a seasoned veteran, the negotiation part of the transaction can be a little daunting and stressful. However, it is necessary to ensure you are getting the best possible deal for your money. So, what should you negotiate when buying a home?

  1. Closing costs. Your closing costs are determined by a variety of factors, but you can expect it to be between 2% to 5% of the purchase price. Ask the seller to cover some or all of the closing costs upfront or request a closing credit that can be used to make specific updates and fixes to the home.

  2. Furnishings. Love how the seller has furnished and decorated the home? Buyers often negotiate keeping couches, fixtures, landscaping items, patio furniture, appliances, and more. And many sellers agree, wanting to make the home more appealing.

  3. Inspection and closing timing. Buyer offers that include a quick inspection and close timeline are often more attractive to sellers who have been going through the process for far too long. Just ensure you allow yourself ample time to get your financing in place and complete proper, thorough inspections.

  4. Home warranty. Sellers will often agree to pay the premium on the home warranty at closing and then hand it off to the new homeowner, who is responsible for the deductible on any future claims.

  5. Repairs. Your inspection may uncover small or large repairs needed to bring the home up to standard. You can negotiate to have these items fixed before closing or ask for a price reduction to cover the costs.

Latest Blog Posts

ACHIEVE MORNING PERSON STATUS

Ever wish you could become one of those rare morning people? The ones that wake with a start, feeling refreshed and energized. The ones that get in that morning workout or wrap up some work before

Read More

WHAT TO NEGOTIATE WHEN BUYING A HOUSE

Whether you are a first-time homebuyer or a seasoned veteran, the negotiation part of the transaction can be a little daunting and stressful. However, it is necessary to ensure you are getting the

Read More

Winter Solstice Has A Wonder Twist This Year

This years winter solstice has always been know for the Shortest Day and Longest Night of the year. Well this year is a little special, and depending on where you are on the Northern Hemisphere 

Read More

Peppermint Vodka Cocoa

Fun drink for your Christmas Party.I found this shouting around online and it just sounded so yummy, So I had to share!First this is so simple. Only 5 ingredients.1 part Vodka1/2 part

Read More