TAKE 5: WHAT TO NEGOTIATE WHEN BUYING A HOUSE

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Real Estate Agent with Golden Gate Sotheby's International 01427070
https://activerain.com/droplet/5k4j

TAKE 5: 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 best possible deal for your money. So, what should you negotiate when buying a home?

 

  • 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.

 

  • 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.

 

  • 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.

 

  • 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.

 

  • 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.

 

 

 

The bay area continues to be a popular place to call home.


If you are ready to search for your next property or are looking for your home value, visit: www.searchalleastbayhomes.com
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Elisa- Realtor 510-919-5741

Elisa Uribe    Realtor #0142707

Opening the Door to Opportunity

e.uribe@ggsir.com

Office :510-919-5741   Fax: 866-230-9144

If someone you know seeks an experienced, honest Realtor, I'm never too busy for your referrals.


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Rainmaker
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Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Good Morning Elisa Uribe Realtor #01427070 

These are good points for buyers to be aware of. Enjoy this first day of July.

Jul 01, 2019 06:05 AM #1
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Rainmaker
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Elisa Uribe Realtor #01427070

Opening the Doors to California Homes -East Bay
How can I buy a house in the East Bay?
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