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One thing you must absolutely have in your back pocket is a clean offer. You won’t be in any position to negotiate if you have to wait for the mortgage lender to approve you for a loan, or if the purchase is contingent upon the sale of your existing home. If you want to be able to negotiate, get pre-approved for the amount you want to borrow and either sell your existing home or get approved for a bridge loan so you can carry your existing mortgage until the house sells. You’re not going to be able to wheel and deal on every home you come across. Some homes attract buyers like bees to butter. Other homes will be so attractively priced that trying to negotiate would be pointless. If you come across one of these, and you want the home, buy it without reservation. Trust us, Urban Links, with your real estate business. Whether you are looking to buy or sell a home – will will deliver!

 

Sincerely,

Urban Links Real Estate Team