It is never in your best interest to pay too much when looking at homes for sale. Whether it is going to be your principle residence or an investment property, the less you pay now, the more equity you get to build right away. When it comes time to sell the property, you have some flexibility in how much you can sell it for while still making a profit.
Getting The Best Deal on Boston North Shore Homes for Sale
When you first make an offer on any Boston North Shore homes for sale, you don’t want to offer more than the house is worth. However, it isn’t always a bad idea to offer more than list price if it is below the home’s market value. For instance, a home that is worth $130,000 may be listed for $120,000 to encourage offers. By offering $125,000, you put yourself at the front of the line without having to overpay.
If a home has been on the market for several weeks or months, the seller may be willing to sell the home at a discount. The same is true if the seller is in a hurry to move. In some cases, you may be able to get the home for thousands of dollars less than what it is worth even if it is in good condition. Ideally, you want to look for homes for sale during a buyer’s market. This is when there are more sellers than buyers, which gives you leverage during negotiations.
Finally, you want to have a good agent who can spot subtle yet powerful reasons why you should get a better deal on homes for sale that you may be interested in. For instance, if a fourth bedroom isn’t permitted, you could get the home for the price of a three-bedroom property while still making use of that space.
Using the services of our Exclusive Buyer Agency, we can guarantee you’ll always have us looking out for your best interest to make sure you don’t overpay for any homes for sale in the Boston North Shore area. And if you’re looking for homes for sale outside of the Boston North Shore area, let us help you find an exclusive buyer’s agent where ever you may be looking. We have a whole network of agencies just like ours that we’d be happy to refer you to in the area you may be thinking of buying.
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