Looking for the

perfect home is

only one part of

the home buying

process.

The next step,

which is even

more important, is

negotiating the

price.

Even if you have found

your dream home, if you

are not able to negotiate it

to reach a price that would

be within your budget, all

your efforts would be

futile.

Here are some tips on how

to negotiate the price of

the house.

The most important aspect for

negotiation is the overall price

of the home.

To determine how much a

home costs, it would be a

good idea to enlist the help of

a professional appraiser.

He or she will give you an

accurate estimate of how

much the house costs,

considering the trends in the

market.

It is also possible to ask for

the common asking price,

but only use this as last

resort or if you don’t have

the service of an appraiser.

You may also inquire of

the prices set by the other

houses in the same

location that also have

similar features to the one

you’re eyeing.

Be sure to consider

not only the size, but

the design and

maintenance level,

as well. Moreover,

you can take a look

at the median price

in that particular

market you’re

planning to buy

from.

For example, in

Colorado, Fort

Collins real estate’s

median price is

$251,487.

To ensure better chances

of having your offer

accepted, establish

friendly relations with

the seller.

You can’t expect the

seller to give in to your

offer if you’re aloof or

disrespectful.

Show your sincerity in the form

of a letter that contains the

following details: names, ages,

and relationships of the people

who will occupy the house, brief

history of previous homes,

occupation and educational

background, specific reasons

why you love the house and why

you will be the perfect owner.

When negotiating the price,

be sure to make the person

feel that you’re sincere

about taking care of the

home.

Most sellers feel attached to the

home they are selling and they

wouldn’t want to give it away just

to anybody unless they can be

perfectly sure that the person will

take care of the house.

Negotiating is not that easy.

It entails cleverness,

resourcefulness, and

creativity.

Before you engage in any

negotiation process, assess

your feelings for the house.

See to it that you don’t let

your emotional side get the

better of you, or else you

will end up paying more

than you should.

If you feel you’re not

up to this or that

you’re not confident

about your

negotiation skills, at

least for now,

consider hiring a

professional and

reputable real estate

agent for this

purpose.