Thursday, July 15, 2010

Home Buying Secret - Making Low Offers Works



Real estate agents will tell you that you'll offend a seller with a low offer. It's true. More importantly, low offers are embarrassing for them to present to a seller, and embarrassing for you to write. But then, I have a friend who recently embarrassed himself into a lakefront home for about $50,000 less than it is worth. Would you like to buy a home AND immediately increase your net worth by $50,000?

Low offers work, but how often? Rarely. Accept that if you want a bargain, you will lose a lot of potential homes, spend a lot of time making offers, and annoy real estate agents. Of course, unless you are under time constraints or nurturing the fantasy that there is one "perfect" house for you, this isn't so bad.

However, if none of your offers are even countered, you may really be wasting your time and trying to go too low. The home buying secret here is : low, but not too low.

To get more info on real estate please contact Andrea Scott

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