Thursday, August 7, 2014

4 Ways To Get An Offer Accepted When Buying A House

Geoff Williams from US Moneys new said "Buying a house is a little like asking someone to marry you. In both cases, you make your offer believing there's a good chance you'll get a yes, but you know you could get a no. If the answer is yes in either situation, your fates will be linked for many years to come – possibly until death do you part."  There are four rules home buyers should follow if they want sellers to accept their offer.
  1. Be nice: While money is important, buyers should also be likable and avoid making negative comments about the house or discussing their renovation plans in front of the seller, keeping in mind that sellers have an emotional connection to the property. "Don't tell someone how bad, ugly, stupid, et cetera, their house is and then try to buy it. That doesn't work," notes Marc Takacs of Atlanta-based Keller Williams Realty.  So when the seller is present don't mention the great plans you have for the house.
  2. Be amiable: Buyers also should avoid making unreasonable demands, such as super-quick closing dates, and they should avoid low-ball offers that could be perceived as an insult or offers that are too high and difficult for them to afford. 
  3. Be calm: Visiting the listing too often and for long periods of time also will annoy sellers. 
  4. Be rational: Buyers should avoid waiving the home inspection or appraisal contingency simply to get their offer approved, as they will regret such a move later on if a leaky roof or mold is discovered or they learn that they overpaid for the house.
Source: 4 Rules to Live By When Making an Offer on a House," Geoff Williams.U.S. News; World Report (Aug. 5, 2014)

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