{"id":1521,"date":"2017-08-17T08:20:36","date_gmt":"2017-08-17T12:20:36","guid":{"rendered":"http:\/\/www.loriv.com\/blog\/?p=1521"},"modified":"2017-12-05T15:45:26","modified_gmt":"2017-12-05T20:45:26","slug":"offer-strategies-when-buying-a-home","status":"publish","type":"post","link":"https:\/\/loriv.com\/blog\/home-buying\/offer-strategies-when-buying-a-home\/","title":{"rendered":"Offer Strategies When Buying a Home"},"content":{"rendered":"<figure id=\"attachment_1524\" aria-describedby=\"caption-attachment-1524\" style=\"width: 500px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1524\" src=\"http:\/\/www.loriv.com\/blog\/wp-content\/uploads\/2017\/08\/offer-strategies-when-buying-a-home.jpg\" alt=\"Offer Strategies When Buying a Home\" width=\"500\" height=\"334\" srcset=\"https:\/\/loriv.com\/blog\/wp-content\/uploads\/2017\/08\/offer-strategies-when-buying-a-home.jpg 500w, https:\/\/loriv.com\/blog\/wp-content\/uploads\/2017\/08\/offer-strategies-when-buying-a-home-300x200.jpg 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><figcaption id=\"caption-attachment-1524\" class=\"wp-caption-text\">Offer Strategies When Buying a Home<\/figcaption><\/figure>\n<p>Choose the Strategy That&#8217;s Best for You!<\/p>\n<ul>\n<li>The &#8220;How Low Can You Go&#8221; offer<\/li>\n<li>The &#8220;I&#8217;ve Got to Have This Home&#8221; Offer<\/li>\n<li>The &#8220;Poker&#8221; offer<\/li>\n<\/ul>\n<p>The\u00a0<strong>&#8220;How Low Can You Go&#8221;<\/strong>\u00a0offer is contingent on you not having an emotional attachment to the property you intend to purchase. In a buyers&#8217; market, you may find a few homes that catch your interest and you may want to make a lowball offer. This is usually significantly less than the asking price. Lowballs only succeed if the seller is desperate. You may receive a counter offer, but more often than not, the seller will feel insulted and ignore your offer.<\/p>\n<p>We may advise you against presenting such an offer, but will pass it along to the vendor.<\/p>\n<p>The\u00a0<strong>&#8220;I&#8217;ve Got to Have This Home&#8221;<\/strong>\u00a0offer usually happens when buyers fall in love with the home and want to present their best offer first. This offer leaves no negotiating room, but if the market is hot, it&#8217;s an offer that will attract attention. Your RE\/MAX associate will convey to the seller that this is your best offer. Most sellers expect to receive an offer and counter with another, so you may find yourself in a situation where you either accept the counter offer, or walk away from the home.<\/p>\n<p>The\u00a0<strong>&#8220;Poker&#8221;<\/strong>\u00a0offer usually arises in a sellers&#8217; market where buyers find themselves in a bidding war for the property. If you find yourself in this situation, all of your negotiating strength will be lost. You have the choice to raise the bid, or fold and move on.<\/p>\n<p>The power of waking away is a formidable one, especially when no one else is competing against you to buy the house.<\/p>\n<p>Also keep the following points in mind:<\/p>\n<ul>\n<li>All negotiating should be done in writing.. don&#8217;t relay on oral communication.<\/li>\n<li>Don&#8217;t settle for the first offer presented, especially if not what you expected.<\/li>\n<li>Do examine each clause, contingency and condition in detail.<\/li>\n<li>Do consult with a real estate lawyer before signing any papers.<\/li>\n<li>And always hire a <strong><a href=\"https:\/\/www.loriv.com\/\">professional real estate agent<\/a><\/strong> to represent you &#8211; this is what they do, and trust us, you do need the guidance in today&#8217;s real estate market.<\/li>\n<\/ul>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Choose the Strategy That&#8217;s Best for You! The &#8220;How Low Can You Go&#8221; offer The &#8220;I&#8217;ve Got to Have This Home&#8221; Offer The &#8220;Poker&#8221; offer The\u00a0&#8220;How Low Can You Go&#8221;\u00a0offer is contingent on you not having an emotional attachment to the property you intend to purchase. In a buyers&#8217; market, you may find a few [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[73],"tags":[195,18,20,196],"class_list":["post-1521","post","type-post","status-publish","format-standard","hentry","category-home-buying","tag-buyers","tag-buying-a-home","tag-home","tag-offer"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Offer Strategies When Buying a Home - Burlington Real Estate Blog<\/title>\r\n<meta name=\"description\" content=\"Choose the Strategy That&#039;s Best for You! 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