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4 Tips For Getting The Best Deal On Your New Home

By Kara Masterson | December 8, 2016

All the stands between you and a dream home is money. Houses are expensive and require a lot of savings. If you're close, but not quite there, you might be looking at ways to get the price of the home down. Fortunately, a few simple tricks can help you to save money on your new home.

Become a Perfect Buyer

The easiest way to get a new home is to be an ideal buyer. Build up your credit score, get pre-approved for your mortgage, and be ready to move tomorrow. The more attractive you are to a seller, the better deal you're going to get. If you are ready to move more quickly than your competition, there's a good chance that the seller will part with the home for less.

Take a Look at ALL the Comps

If you want to drive down the price of a house, simply start looking at the comparable homes on the market. Don't make the mistake of looking at what's in just one neighborhood, either - look at a wider range of properties, such as those in a single school district. If you can show that the home is overpriced compared to something else on the market, there's a very good chance that the seller will be willing to drop the price when it's time to negotiate.

Work with a Good Realtor

If you're really looking to get a good price, you'll need to work with a good realtor. People like the professionals at Foxfire Realty, Inc. have a fairly good idea of not just what a house should sell for, but what it's actually worth. A good realtor is more than a person who helps you find a home - he or she is a person who helps you find a home you can move into. Working with a realtor is a must.

Learn to Negotiate

Finally, you'll need to learn the subtle art of the offer. If you offer too high, you'll overpay. If you offer too low, you'll insult the seller. Instead, try to make an offer that you would take. Learn what you can about the seller's position, and try to make your offer attractive. With a little work, you can come up with an offer that will lower the price of the home.

It's possible to get the house you want for a price you can afford. With a little research and some hard work, you can get a better price. Make sure to work with a realtor, and you'll be in a new house in no time.



Kara Masterson is a freelance writer from West Jordan, Utah, writing on behalf of Foxfire Realty, Inc.. She graduated from the University of Utah and enjoys writing and spending time with her dog, Max.
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