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STEP
4
– NEGOTIATING and CLOSING THE DEAL
When it comes to negotiation, knowledge is king. Once you have
identified a property that you are interested in purchasing, our
REAL ESTATE TEAM will do a complete Comparative Market Analysis
on the property. This will show you the price at which similar
properties have recently sold, the prices of similar homes
currently on the market and the prices at which similar homes
have been taken off of the market, unsold. In addition, your
real estate agent will let you know how long the current owner
has been
in the home, how long it has been on the market, a price and
sales history on the property detailing each time and the price
at which it has previously sold. They will also contact the
listing agent to learn any information about the needs and
motivation of the seller which may benefit you in negotiations.
With that information and confidential knowledge about your situation,
your REAL ESTATE PROFESSIONAL will help you draft an offer with
necessary language allowing you to “lock-up” the property while
you do any additional inspections and other due diligence.
Once the
property is under contract, you will be referred to all of the
professional inspectors,
appraisers and others necessary for you
to determine that you are getting
the value that you are paying for. You will be able to monitor
the daily progress of all of the details, as you move from
approved contract to the closing of the sale.
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