Thursday, May 27, 2010

When It Comes To Real Estate, What Is The Difference Between Price and Cost?

The negotiation of a home sale can continue long after the ink is dry on the offer to purchase a real estate property. There is any number of things that can affect the price and … if things go badly they can really end up costing everyone involved … that is of course, if the negotiations are not handled properly.
Things like contract contingencies regarding the buyer’s financing, the property appraisal and the home inspection; these all have the potential to change the course of your real estate transaction and can cause delays or worse yet … actually KILL the deal!!
The most successful of negotiations are when EVERYONE feels that they got a fair shake and received if not all … then, most of what they wanted.
There is a lot of back and forth with a lot of give and take and the one person you should rely on to do this is … the professional Realtor® you chose to represent you. A cool head and a lot of experience in these situations is what you really need.
Even after the close of escrow, you could still be potentially at risk for litigation if all of the required disclosures about the property and the transaction are not legally handled as they should be … so once again … your Realtor® is the one to turn to and rely on.
For more information on how you can avoid costly mistakes while negotiating the price of your real estate purchase from someone with over 20 years of experience, please visit

No comments:

Post a Comment