Tips and Traps When Negotiating Real Estate: What Can You Do When You’re in Default?

What Can You Do When You’re in Default? Most of us today know of someone who has lost his or her house to foreclosure in the not too distant past. It has become that common. However, here’s a story that’s been told less often. Jerry and Pat had just bought a comfortable upscale home in … Read more

Tips and Traps When Negotiating Real Estate: What You Can Negotiate

Negotiating with a Builder: What You Can Negotiate With a builder you can negotiate price, terms, options, and extras. Keep in mind, however, that often an individual owner on a resale has more flexibility than a builder. An owner may have been in the house for years and built up a considerable equity. If you … Read more

Tips and Traps When Negotiating Real Estate: The Procedure for Offers

Offer and Counteroffer: The Procedure for Offers When you’re dealing through an agent, offers and counteroffers are presented in written form. You make an offer and the agent, in consultation, writes it out on a sales agreement. Then the agent presents the offer to the other party and, presumably, argues your case for you. If … Read more

Tips and Traps When Negotiating Real Estate: Pushing the Time Line

Negotiating a Successful Deal: Pushing the Time Line Madeline presented the offer and reported back that the sellers understood it, but weren’t too happy about it. They said they wanted to take a few days to think about it. She said she was worried, how­ ever, because the seller’s agent, Max, said that other brokers … Read more