Real estate tips – tip #3 Guidelines for househunters

Posted by on Jan 31, 2014 in Reston Real Estate Report

Real estate tips – tip #3 Guidelines for househunters

Finding the perfect house for your family is just the first step toward moving you into a new home.  The second step is negotiating the sales agreement with the sellers — both the price and the terms.

To find out if the asking price is in line with the neighborhood, you can ask the Realtor to provide you with the “comparables” — selling prices for similar homes located nearby.  The agent can tell you how these houses may differ from the one you’re considering buying.   Use this information to help decide whether a particular property is a good value.  If the price seems too high, perhaps the sellers are willing to negotiate.   The Realtor can’t tell you what to offer or what the sellers will accept — the sellers probably won’t know what they’ll accept until they are presented with a written offer–but the information provided can help you decide how much you want to pay.

If you are thinking about buying or selling a home, call me, Jon Querolo, at Long and Foster Realtors at 703-585-4900

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