| PRICE RANGE | ||||||||||||||||
| $70,000 or less | ||||||||||||||||
| $70,001-100,000 | ||||||||||||||||
| $100,001-150,000 | ||||||||||||||||
| $150,001-200,000 | ||||||||||||||||
| $200,001-500,000 | ||||||||||||||||
| $500,001+ | ||||||||||||||||
| TOTAL |
You're in a stronger bargaining position - meaning, you look particularly welcome to a seller - if:
You are an all-cash buyer; or
You are already preapproved for a mortgage; and
You don’t have a present house that has to be sold before you can afford to buy.
These circumstances put you in a good position to negotiate down from the list price.
On the other hand, in a "hot" seller’s market, if the perfect house comes on the market, you may want to offer above the list price to beat out the other early offers. In this situation, it's very helpful to find out why the house is being sold and whether the seller is under pressure.
Buyers also have an advantage if they can settle quickly. Here are three situations when the ability to move quickly will help you.
Every month that a vacant house remains unsold represents considerable extra expense for the seller. So the sooner you can settle, the better
If the sellers are divorcing, they may just want out quickly.
Estate sales often yield a bargain in return for a prompt deal.
When an offer comes in, you can accept it exactly as it stands, refuse it (seldom a useful response) or make a counteroffer. In evaluating a purchase offer, you should estimate the amount of cash you'll walk away with when the transaction is complete. For example, when you're presented with two offers at once, you may discover you're better off accepting the one with the lower sale price if the other asks you to pay points to the buyers lending institution. Once you have a specific proposal before you, you can calculate net proceeds.
Payoff amount on present mortgage;
Any other liens (equity loan, judgments);
Real estate commission;
Legal costs of selling (attorney, escrow agent);
Transfer taxes;
Unpaid property taxes and water bills;
If required by the contract: cost of survey, termite inspection, buyers closing costs, repairs, etc.
| Bed/Bath/Garage | ||||
| 5/4/4D | ||||
| 4/2.5/2A POOL | ||||
| 4/3.5/2D | ||||
| 3/2/2A | ||||
| 4/2/2A | ||||
| 3/2/2A | ||||
| 4/2.5/2D POOL |
| Bed/Bath/Garage | |||||
| 4/3/2CP +Qtr | |||||
| 4/2.5/2D POOL | |||||
| 3/2/2 | |||||
| 5/3.5/0 | |||||
| 3/2/2 | |||||
| 3/2/2D SPA | |||||
| 4/2/2D |
25 Years of Experience in Real Estate, Re/Max Hall of Fame
Serving Kingwood, Humble, Atascocita and The Woodlands
Accredited Buyers Representation Designation-ABR
Certified Residential Specialist -CRS
Graduate, REALTORS Institute-GRI
Women’s Council of REALTORS
e-PRO Internet Professional
Area Resident since 1966
Postal Customer
1849 Kingwood Drive
Kingwood, Tx 77339
Direct (281) 348-3068
Office (281)358-8888
http://www.har.com/gethayes
E-mail gethayes@kingwood.net
GET HAYES. IT PAYS.
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Laura Hayes Phone: 281-348-3068
Re/Max Northeast Toll Free: 888-358-8405
1849 Kingwood Dr. mailto:gethayes@kingwood.net
Kingwood, Texas 77339 http://www.har.com/gethayes
Certified Residential Specialist, Accredited Buyer’s
Representative, Graduate REALTORS Institute, area resident since 1966. Serving
Kingwood, Atascocita, Humble, The Woodlands.
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