Colorado Springs Vintage Homes Blog

14 Things to Know when Negotitating to Purchase a Home

 Negotiating Tips

For a free Buyers Guide, Email  Torline at KTorline@msn.com

Ok, you’ve now found your perfect Colorado Springs home and you are ready to make an offer on the property.   One of the most important principals of negotiation, is to negotiate from a position of power.  The more knowledge you have helps your position of power.    Here’s a list of some key points to know before submitting an offer:

(1) Has the seller turned down any other offers?

(2) Is the seller flexible on the price?

(3) Will the seller pay some or all of the closing costs?

(4) When would the seller like to close?

(5) Where are the sellers moving to?

(6) Has the seller already purchased another home?

(7) What is more important to the seller?  Closing Date?  Price?  

(8) Does the seller need to rentback the property?

(9) How long has the property been on the market?

(10) What is the average days on market for the area?

(11) How does the price compare to other properties in the area?

(12) How much does the seller owe on the property?

(13) What does the Assessor have the property valued at?

(14) Are there any recent building permits on the property?  (Related Article:  Do your homework on building permits)

Tags: El Paso County, Negotiating, negotiation tips

This entry was posted on Monday, June 21st, 2010 at 8:24 am and is filed under For Buyers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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