1. Research Comparable Properties
Look up recent sales in the neighborhood for homes similar in size, condition, and features. This will give you a realistic idea of the property’s fair market value.
2. Understand the Seller’s Motivations
Knowing why the seller is moving can give you an advantage. If they’re in a hurry to relocate, you might have room to negotiate a lower price or better terms.
3. Be Prepared to Walk Away
Sometimes, the best negotiation tactic is showing that you’re willing to walk away. This puts pressure on the seller to consider your offer seriously.
4. Request Repairs or Credits
If the inspection reveals issues, use that as leverage to request either repairs or a credit at closing. This can save you money while still securing the home.
With preparation and a strategic approach, you can save thousands and feel confident in your home purchase.
.avif)
