<p> It is time to buy your first home and negotiating the sales price may be one of the most important factors in the entire home buying process. First of all, it is imperative that you are using a good experienced realtor to act on your behalf. You, as the buyer, will not be paying your real estate agent a fee, this fee comes from the seller. Using a realtor keeps things professional and aids in the entire contract process so everything is done in a legal manner as well as represent you. </p><p> There are many different types of sales in the market today: lender owned home, short sales as well as normal sales. Each are negotiated similarly but there are also differences. If you wonder if a bank is negotiable, the answer is yes but it will depend on how long the home is on the market and whether or not there are other offers on the table. If the home is new to the market and they are getting multiple offers it will simply go tot the highest and best offer. </p><p> A short sale has a few different steps to be taken. First the homeowner needs to agree with your offer and will base their decision on if it is a reasonable offer compared to the other homes in the area that are like the one they are selling because they do not want to risk taking too low of an offer because the bank they are dealing with may not accept it. If the homeowner does agree with your offer then the bank itself will do an appraisal and come up with their conclusion on a final sales price. They may counter <a href="https://www.home247.co/%E0%B8%84%E0%B8%AD%E0%B8%99%E0%B9%82%E0%B8%94%E0%B8%A1%E0%B8%B7%E0%B8%AD%E0%B8%AA%E0%B8%AD%E0%B8%87/" alt="คอนโด กรุงเทพ">คอนโด กรุงเทพ</a> your offer so do not be surprised if the final sales price is different from the original contract. </p><p> Making an offer on a traditional sale is not much different except that you are dealing directly with the current homeowner and only the homeowner. This could be simpler or maybe more complicated depending on the seller. Whether you are the seller or the buyer in this case, both want to get the best deal. As the buyer you want to procure the home at the lowest price you can get. As the seller, you want to get top dollar for your home. Each party may have a different perspective on what that price might be. The contract will be drawn up with the initial offer, this offer should be reasonable to the comparable normal sales in the area. The seller can then counter that offer and both parties can go back and forth until they have finalized a price and terms. Even after this price has been settled, if the buyer is getting a loan on the property is still has to appraise for the agreed upon price. </p><p> If the home does not appraise for the contract price then hopefully the two parties can come to an agreement based on the appraisal. I have seen a seller walk from a contract because the home is not appraising for what they expected. This final stage could complicate the situation so do not count on the contract being finalized until the appraisal is done. </p>
