What is the Best Way to Negotiate Your Home’s Sale?
Selling your home is a huge decision, especially if you’ve spent many years paying your mortgage in order to use the proceeds from the sale as your nest egg, retirement, or next down payment. You don’t want to undercut yourself, but you also don’t want to be too greedy and lose a reasonable sale offer. Here is how you should handle negotiations.
Price Isn’t The Only Consideration
First of all, the price set to your home isn’t the only detail to consider. The purchase contract and other terms and conditions might make it too difficult, even if the price is fair. For example, some contingencies leave so many loopholes that the deal collapses, like contingencies that link the escrow closing date to the buyer’s sale of their current home. Read more