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Let’s Make a Deal! 7 Things You Can Negotiate When Buying a Home—Beyond the Asking Price

Realtor.com

Make sure to attend and review the findings of the home inspection,” says Steve Kaminski , head of residential lending at TD Bank. “It’s One example would be closing earlier and offering the seller a short rent back to allow them an easier move into their next home,” Dibble says. Closing costs.

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Big-City Convenience with Small-Town Charm: How to Buy a House in Arlington

HomeLight

According to the Arlington Department of Real Estate’s 2021 market study , residential property values are up 5.6%. The average value of existing residential properties — including condos, townhouses, and detached homes — is $724,400 as of February 2021. Offer a rent-back clause to the seller. Neighborhoods to know.

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Tips to Help Buyers Successfully Navigate a Hot Real Estate Market

Realty Biz

Offer to rent back to the seller. Also, our weekly Ask Brian column welcomes questions from readers of all experience levels with residential real estate. You might begin your search in one part of town or neighborhood, but after losing several bids, you can widen your search to other parts of town.

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Get Your Own Slice of the Big Apple: Buying a House in Manhattan

HomeLight

But working closely with your agent allows you to determine what else matters to the seller, like the timing of the deal, or possibly the opportunity to rent back the unit for a few months while they figure out their own next move. A top agent will help you remain competitive even in a cash market. Flood zones in the city?

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Is It a Good Time to Sell a House, As Home Prices Would Suggest?

HomeLight

Another option may be to negotiate a rent-back agreement with a buyer to stay in the home an additional 30-60 days past closing, giving you the time to line up your next place. of agents have seen temporary and permanent business closures drive down interest in nearby residential real estate. Source: (CDC / Unsplash).

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Seller’s Market 101: Is Your Real Estate Market Hot or Not?

HomeLight

With these restrictions, builders prefer to build large luxury homes or residential complexes instead of more affordable multi-family housing that could accommodate more people on the same plot of land. And when you do find the right house, there’s a chance another buyer could outbid you — putting you back at square one.

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Change the script you’re using with buyers and sellers

Real Trends

This could involve a quick settlement, a rent-back offer, a home inspection without repairs, or doing away with other contingencies. You should always have a back-up plan if things go differently than you anticipate. Tom Nalls is residential sales manager/associate broker at Coakley Realty.