I can help you in this area by providing answers to these questions: Is the asking price in line with prices of similar homes in the area? Is the home in good condition or will you have to spend a substantial amount of money making it the way you want it? How long has the home been on the market? If it’s been for sale for a while, the seller may be more eager to accept a lower offer. How much mortgage will be required? Make sure you really can afford whatever offer you make. How much do you really want the home? The closer you are to the asking price, the more likely your offer will be accepted. In some cases, you may even want to offer more than the asking price, if you know you are competing with others for the house.
- We're due for down real estate cycle: 'Flip or Flop's' Tarek El Moussa
- Mortgage servicers seek government aid as forebearance requests soar
- Mortgage industry fires back at regulator who won't help servicers slammed by payment delay requests
- Weekly mortgage applications drop 17.9% as coronavirus scares off buyers
- Weekly mortgage applications drop nearly 18%, as coronavirus home buyers back away