Be nice. No one likes rude people. Please don't offend your seller during a house visit. Discussing necessary renovations and the poor taste of the decorations may hurt feelings, if not the entire deal. Be calm. Don’t express too much of an interest! Most specialists agree that sellers won't accept your first offer when they see how much you want this house to become yours. To avoid a counteroffer, you should always play it cool, no matter how perfect this property is for you. Think like a seller. Change your perspective. Take a different look at this situation. Imagine you must sell this house in 2, 5, or 10 years. Will it be possible, or does it lack some basic features that the housing markets consider essential? Don’t expect the price to lower after inspections. Bid lower than you can pay, and make your final offer with the most comfortable price you can afford. Repairs after the inspections will not, most likely, cost the seller millions. Sign cautiously. Before you sign any documents, make sure you acknowledge all terms and realize all liabilities. Once you sign the contract, you cannot make amendments without renegotiating and signing a new one.
WHAT IF THERE ARE MULTIPLE OFFERS? FFERS?
In a seller’s market, you’ll probably have competition for the house you wish to buy. Sellers might be considering several offers at the same time. They will make their decision based on the best offer. They may also work with one potential buyer and only send counteroffers to them. You, as a buyer, won’t know. The best way to protect yourself from multiple offers is to make your offer better than the others. Receiving a preapproval for the mortgage will be a good start to becoming the seller’s top choice.
Also, let the seller know your financial options – for example, if
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