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How Do You Negotiate Buying A Home?

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How Do You Negotiate Buying A Home?

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Buying a home is the best investment anyone can make, but it can be complicated. The red tape involved, coupled with financing and third and fourth parties to the sale can make it difficult to negotiate the price and sale terms. Nonetheless, a buyer should always remember that she, not the person selling the home, is ultimately the person in charge of the sale. Step 1 Find a real estate agent you trust. Choose an agent with years of experience in the area in both buying and selling. Use the real estate agent’s experience with local real estate to choose a lawyer with similar experience in local buying and selling. Step 2 Decide what terms are the most favorable for you. Use your real estate agent’s knowledge of who has the most bargaining power in your area–either the buyers or sellers. Step 3 Schedule a thorough home inspection. Use your agent’s connections to pick an inspector with a reputation for being picky and generating a thorough report. Use the report to negotiate a lower pri

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