Home Buying Tip: It Doesn’t Have to be Perfect
For bargain hunting homebuyers, especially those buying real estate for the first time, it’s a good idea not to be too fussy.
To secure the lowest possible price, you may need to accept a few shortcomings, says real estate writer and radio host, Ilyce Glink.
By settling for a home that requires a few repairs or minor renovations, it is possible to save yourself a lot of money. Instead of insisting on perfection, it is better to look at the bright side and think about what you can improve.
How to Spot Motivated Home Sellers » PropertyPlex.com said,
April 27, 2006 @ 5:58 pm
[…] Buying a difficult-to-sell home means that you might have to settle for a few imperfections, but it’s important to look at the bright side, and think about the long-term benefits of owning real estate. […]
Buy Canadian Real Estate said,
June 2, 2006 @ 4:52 pm
While you’re looking at the home with a real estate agent, and preferably the owner outloud say things such as “the problem with the sink is going to cost $1000 to fix, the missing/damaged wall will cost a few thousand” - this can allow you to negotiate a better price, based on the cost of things to fix.
This technique can be applied basically anywhere, but is only really useful on bigger purchases - cars and real estate.