Friday, August 04, 2006

 

House buying tips

Here are some tips:

  1. How long has the house been on the market ? If it is more than a month. Then you can go for a lower price.
  2. If you want to bid less than the price you should provide explanations why you do so. Maybe because the condition of the house is lower than other houses in the same category...
  3. It is better to buy in low season and sell in high season.
  4. How are the houses in the neiborhood ? If there is a noticeable difference then you should lower the price.
  5. If anything needs to be fixed, estimate the cost and lower the price accordingly.
  6. Check if the people are in a hurry. This may be your chance to get a better price.
  7. Analyse the bottom price of any similar house before making any offer. One good indicator is recent purchasing made of similar houses. check this link: http://www.zillow.com

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