Wilmington, NC, REALTOR® Melanie Cameron gives some tips for making your offer stand out in a multiple-offer situation. Our spring market is hot, and we are seeing a lot of competing offers. These tips are inspired by real-life scenarios that we are seeing first-hand. Have questions? Give Melanie a call at (910) 202-2546. Don’t forget to comment, share, and …
Negotiating Repair Requests | Home Buyer and Seller Tips
Realtor Melanie Cameron explains how to approach a home inspection report in order to successfully negotiate a repair request for the home you are buying or selling. In North Carolina, this usually happens during the Due Diligence Period, shortly after the offer is made and all inspections are completed. Get more great tips in our 60-page Buyer & Seller Guides. …
5 Negotiation Tactics Sure to Doom a Home Offer
Are you house hunting? When it’s time to negotiate the home offer, some buyers think they’re playing hardball, but in reality, they’re just setting up their offer to be rejected. Below are 5 negotiation tactics that are doomed to fail. Keep them in mind when it comes time to make your offer. 1. Lowballing A buyer’s first instinct may be …
Can I Negotiate a Lower Price on New Construction?
There are two major types of homes you can buy – resale and new construction. Each comes with its own benefits, expectations, and conditions for the purchase process, and deciding between the two should rest solely on the buyer’s needs and wants. One of the major differences between buying a resale home or buying a new construction home is the …
“How Much is the Home Under Contract For?”
When a buyer finds out that a home is under contract, it’s a common knee-jerk reaction to ask, “How much is it under contract for?” But did you know there is certain information that Realtors are not allowed to share with those not party to the contract? One of those is the agreed upon contract price. If we represent the …
Can Buyers Ask Home Sellers to Pay Their Closing Costs?
First off, how closing costs are handled may differ from state to state. This advice applies to North Carolina. If you’re buying elsewhere, make sure you discuss your options with your Realtor. So, what are closing costs? For those who are unaware, they are the fees incurred from the process of conveying a piece of real estate to the buyer, …
How Many Homes Can a Buyer Make an Offer on Simultaneously?
We’ve seen it before. A buyer finds a home they like, but it’s a foreclosure or short sale. They make an offer on it, but it takes days or months to get a response from the bank. So, they keep looking and find another home they like. It’s not as perfect as the first one, but it’s a normal resale …
6 Slightly Crazy Things That May Kill Your Home Sale
I have to admit, when I hear some of the feedback we get on homes, my response is, “What? Really!?” But I’m a fixer and one of those people who actively tries to look beyond what I see. When I bought my home, the yard was downright ugly. I saw it as a prime opportunity to put in a garden. …
What does “Active Due Diligence” mean?
While searching for Wilmington homes for sale, did you see the listing status “Active Due Diligence”? If you haven’t bought real estate in the past few years, you may not be familiar with the term. But it’s an important term to know, so we’re here to educate! If you see “Active Due Diligence”, that means the property has a contract …
Negotiating Repairs? Leave Out the Fluff!
You’ve found the Wilmington area home you want to buy. You made an offer and it was accepted. Now, you’re in the Due Diligence Period and just had the home inspected. It’s time to negotiate repairs! This is one of the numerous hurdles a buyer and seller need to overcome to make it to the closing table. The seller wants …
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