What Can Buyers Negotiate When Buying a Home? |

Abstract

What Can Buyers Negotiate When Buying a Home? Blog posted On October 12, 2022 Rates are continuing to trend higher, giving many home buyers pause about their purchase. Beneath the surface, the housing market is shifting in favor of home buyers. Home Price - If the seller has a good real estate agent, they've likely been coached about the current market and buyers' expectations. If you're working with a real estate agent, they'll be able to use these factors when considering what price to offer on a home: Recent comparable sales Condition of the home Find out why the seller is moving Closing Costs - Your down payment is not the only cost you have when buying a home. Closing costs are often anywhere between 3-6% of the home price. Asking the seller to contribute to these costs can reduce the amount of money you would need to bring to closing, making it easier to purchase a home. Now is a great time to buy a home if you are looking for a deal.