Know All บ้านมือสอง กรุงเทพ That You Can Know The fist thing you will need to know is whether you are buying in a buyer's market, a seller's market or a balanced market. It is also helpful to know why the sellers are selling the property. And finally, it is helpful to know the condition of the property, especially any areas that may need repairs and how much the sellers owe on the property.
What Kind Of Market Is It? In a buyer's market, buyers supposedly have the advantage. This usually occurs when there are many more homes for sale than there are buyers willing and able to buy them. In a seller's market, there are fewer homes available than there are buyers who are looking to buy. And, in a balanced market the number of buyers and sellers even out, making this one of the trickiest markets for those who want to negotiate a better price.
Why Is This Home On The Market? They say that a real estate transaction occurs between a willing buyer and a willing seller, but when the seller is more than willing, possibly even anxious to sell, buyers are in a better negotiating position no matter what kind of over all market exists. This is why, for example, some divorcing couples do not want it known that divorce is the reason for the sale. They know all too well that buyers will assume they are desperate to sell, and many divorcing couples are desperate to sell.
It is possible to ask the sellers a direct question but do not expect that all of them will answer honestly. Often your Realtor is in a better position to find out any underlying causes. Sometimes, as in a Probate Sale, buyers know up front what the rules are and the advantage can switch to the seller, even in a buyers market. In other words, any pressure on the sellers to sell, is an opportunity for the buyers to negotiate a better price.
Is The Home In Mint Condition? Most wise sellers try to fix any problems with the home before they put it on the market. They know that any imperfections such as a leaky roof, dry rot on the deck, delayed maintenance in the yard or on the property itself will give shrewd buyers an excellent negotiating position. When you see that the carpeting is shot and needs replacement, it is easy enough to estimate what it will cost you to replace the carpet and deduct that amount from your offer. Roof repairs or replacement may be more difficult to calculate but can also be done.
Making A Plan So, before you make an offer on the home of your dreams, do your homework and find out everything you can about the condition of the property, the reason it is on the market and the type of market that exists as well as current recent sales data for homes in the area.
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