Real Estate House

Get the Best Deals For Sale Houses

Published at 02/27/2012 03:19:02

Introduction

There are for sale houses being added to the housing market every day around the world. While you may find that for sale houses are over priced and way out of your budget, you can get great deals with just a little bit of negotiating. When the housing market is a buyer's market, this means that you can usually get homes for a much less price than they previously would have cost. For sale houses can be found by contacting a realtor, browsing online, and  just driving around the neighborhood looking for signs.

Step 1

To get for great deal on for sale houses, there are a few things that can be done. First, look at comparable houses in the area and see what they have recently sold for. If houses have been selling for much less than their asking price, this means that you will probably also be able to get an excellent deal on a home.

You can find houses to compare by going to Zillow.com and typing in the address of the home that you're looking to buy. It will then show other houses in the area that are for sale and houses that have recently sold. You can check facts such as the previous purchase price of the house, previous listing prices, and the overall decline or rise in the housing market. By knowing the facts when going in to purchase a house, you'll be able to come with a much better deal on the price.

Step 2

For sale houses are usually always priced higher than the seller expects to get. It never hurts to look at for sale houses that you may think are out of your price range, because you may just be able to get a great deal. If you find a house that you fall in love with, talk with your realtor and think about a good price that you can offer at. It's always best to start with a low offer because the sellers will want to negotiate with you. For example, if a house is listed at $250,000 and comparable houses have recently sold for $230,000. try offering $215,000 and meeting somewhere in the middle on price. Neogtiating always gets you a great deal on for sale houses.

Step 3

Purchasing a short sale house is also a great way to get a good deal on for sale houses. A short sale is a bank owned property, possibly a home that had been foreclosed. While the term short sale seems like you would be able to purchase it quickly, these for sale houses can actually take up to 3 months to be approved. A short sale is always listed at a great price because it is owned by the bank. There is no negotiating on short sales, so the listing price is what you will pay for it. After finding one of these for sale homes to buy, you will make an offer with the bank and then wait to hear back. Patience is the key to finding a great deal on a home when dealing with short sales for foreclosures.

Tips

Search online for great deals on for sale houses. Not only are there realtor websites to visit, but classified ad websites also list homes that are for sale.

Sources and Citations

www.zillow.com

 

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