Buying a home is a major financial step and like anything we buy we want a great deal on it. Although a home is listed with an asking price, buyers do not always have to offer more to secure the home. In some cases, you might be able to offer a lower price and score a fantastic deal! If you are looking to buy a home in the Whittier Area, check for these five signs that you could get your dream home for under listing price!

 

1. The Seller is Anxious

There are some homeowners out there that anxious to sell their homes quickly. Maybe they are moving away quickly for a new job or can no longer afford the home. It is possible to find out the motivation behind selling the home. Once you and your realtor can identify the needs of the seller, you can negotiate a offer that will allow the seller to quickly close on the home.

 

2. The House is Overpriced

In some cases, a home owners love for their house can cause them to overprice it. When a home is overpriced, it often sits on the market for long periods of time. Talk to your realtor about comps in the neighborhood. If you find one with an inflated price in the market, you will likely be able to negotiate a lower price.

3. You Aren't Picky

While most buyers want to find their dream home, there are some that are willing to compromise on their wants list or have plans to make renovations once you move in. If you are more concerned about getting a great deal than on the home itself, offering a low price is a good option for you.

 

4. The Home is On and Off the Market

Sometimes homes go on and off the market several times. This becomes a tedious process for the seller and they are often motivated to accept an offer that will certainly be completed. If your agent and you find one of these homes, consider offering a low price.

 

5. The Home is Outdated

You found a home with out of date style. The homeowner might be having a difficult time selling since many buyers want a move in ready home. If they haven't been getting many offers, they will be more willing to accept a lower price since you will have to put work into the home upon buying.

 

Check out our Homes for Sale in the Whittier area. Work with The Domis Team to see if one of these situations will work in your favor to get a great deal on your future home. Give us a call today or visit our website at http://www.whittierhomes.com/.