Negotiating your Purchase Price in a Seller's Market

[Ralph DiBugnara]

During a seller's market, it is difficult to find a good deal that also agrees with what you can afford. Here are a few tips that will help your home search when negotiating costs:

Always take advantage of negotiating opportunities during inspection and appraisal. After an inspection, you can find any repairs that might need to be done. An appraisal report will show the definite value of a home. These two reports could help you negotiate a lower price. Regardless of how appealing the home may look, make sure to have a budget and stick to it.