Master the Art of Negotiation: Steps to Make an Offer Below Asking Price on a House

  Рет қаралды 5,735

Mortgage Broker Australia - Hunter Galloway

Mortgage Broker Australia - Hunter Galloway

Жыл бұрын

Looking to buy a house but don't want to overpay? In this comprehensive guide, we walk you through the crucial steps to negotiate and make an offer below the asking price on a house. With a blend of expert insights, practical advice, and strategic techniques, we equip you with all the information you need to secure your dream home without breaking the bank.
From assessing recent property sales to questioning real estate agents, conducting thorough property research, and crafting your offer with the right conditions, we've got you covered. Not only will you learn how to make a confident, well-informed offer, but you'll also learn how to stand out in a multiple offer situation and what to consider when making a low-ball offer.
This guide is an essential watch for any prospective homebuyer wanting to navigate the real estate market strategically.
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Пікірлер: 4
@massimilianomarrazzo2392
@massimilianomarrazzo2392 Жыл бұрын
Good checklist, but I would never waive B&P, even for brand new houses. Nowadays, the quality of new buildings is lower than 10-20 years ago
@MortgageBrokerAustralia
@MortgageBrokerAustralia Жыл бұрын
Hi Massi. You're absolutely right. Waiving a building and pest (B&P) inspection is generally not advisable, even for newly built homes. Building and pest inspections are designed to uncover any potential issues with the property, such as structural defects, dampness, faulty wiring, plumbing issues, or pest infestations. While new buildings should ideally be in good condition, unfortunately, that is not always the case. Sometimes, new properties can have issues due to poor workmanship, sub-standard materials, or rushed construction. A B&P inspection can bring these issues to light before you finalize your purchase, potentially saving you a lot of money and hassle in the long run. Moreover, having a building inspection clause in your contract can provide you with an option to renegotiate or even withdraw your offer if significant issues are uncovered. So, it's generally best to include this in your due diligence process when buying a property.
@fc7424
@fc7424 3 ай бұрын
Buy the time you've done all that the property is sold. Especially if your considering mulitple properties, doing this for them all.
@MortgageBrokerAustralia
@MortgageBrokerAustralia 3 ай бұрын
Yeah it does depend on the market conditions, if its a hot market then you need to be much faster and there is less room (if any) to negotiate.
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