Georgia Negotiating a Home Purchase



Thinking of buying a home in the peach state of Georgia? You will be glad to know that here home prices are very negotiable. With its real estate market on recovery, prices are very attractive, and sellers are willing to go even lower to close a sale. You can lower the price by 5% to 10%, but your power to negotiate will be key. Some of the things to keep in mind include: knowing how much you actually can afford, when to walk away, and how to maintain composure so that the seller doesn’t smell desperation. Want to know more? Read our website for detailed information on Georgia negotiating a home purchase. Alternatively, give us a call, and we will be happy to help you with the negotiations.

The first step in negotiating a home purchase is doing prior research. This includes finding out the price at which homes are sold in the neighborhood of your choice. Once you have discovered the range of prices, you can proceed to negotiate for the home of your choice which is likely to fall between the ranges of cost for all the other homes in the neighborhood.

It is also important to find out how long the house has been listed for. A longer period means more urgency on the seller’s part, which means you could negotiate for a lower price. But also know when to walk away and when to take a stand on an offer. Typically, the more desperate the seller is, the better your chances of lowering the list price.

Keep in mind that in Georgia demand outpaces supply by far and even the 20,449 new homes in Atlanta alone are not enough to satisfy the massive demand.

For more tips on how to negotiate the price of a Georgia home contact Moreira Team.



Georgia City Mortgage Service Areas