Buyer Tips For Negotiating Price
You want to make every dollar count in the purchase of your home. And one way to make it happen is to employ sound negotiating tactics that make a difference between small cents and dynamic dollars.
If Another Mortgage is in Your Future, Be Prepared!
If it’s been years since you prepared for a mortgage loan interview, don’t assume that it’s the same world of lending. Mortgage practices have changed and streamlined and you need to be armed with facts, figures, and information when you first visit the lender. Jumping into the loan process unarmed can cost you time, headaches, even money in the form of higher interest.
Multiple Offers: How Can You Compete?
In a hot market, there are more buyers than homes for sale. Prices may rise, and the days a home is on the market may shorten to a week or even less than a day. Some homes will sell before they are even registered in the local MLS. That means that sellers are often presented with multiple offers. How can you position your offer to be the one the seller accepts?
Negotiating Tactics and Strategies Can Make or Break The Home Sale
In a perfect world, real estate closings would occur over night, sellers would keep every promise made, and both buyers and sellers would negotiate openly and fairly. Unfortunately, welcome to the real world where buyers whittle at the purchase price, closings are postponed, and both sets of players use negotiating gambits to win advantage.
No News from the Seller? — Not Necessarily Good News
What’s the standard time frame for a seller to accept an offer? There’s no such thing as a standard time frame, it depends on how active the market is, how many other offers (if any) the seller is considering as well as the seller’s individual situation and availability (i.e. one of the spouses being out of town, etc.)
Title Insurance – Is it for Everyone?
For most Canadians, a home is the largest single investment they will make. In today’s complex real estate environment, homebuyers can face a range of unforeseen problems that can affect their rights of ownership and the future marketability of their property. One of the ways some homebuyers choose to protect their financial investment is with title insurance.
