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How to Negotiate a Lower Home Price


Originally published on Fox Business.

A home is the biggest purchase most Americans will make in their lifetime, so getting a good deal matters.

While playing hardball to get what you want at the price you want, you risk over negotiating and being left empty handed. Here are five tips to secure the home of your dreams without breaking the bank.

Keep Emotion Out. Experts advise treating a home purchase as a business transaction, and avoid getting emotionally attached to a home which eliminates any leverage during negotiations.

“You have to treat the transaction as a business decision,” says Michael Corbett, Trulia's real estate expert and author. “The minute you get too emotionally attached to this house, you are dead in the water.”

Continue reading this article here.

Posted-In: Personal Finance


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