When you bought your home, you offered less than you were willing to pay, right? That's the most common negotiation technique. For experienced investors, however, that's just one technique among the many more powerful ones. What else can you do?
How To Make An Offer
1. Offer an odd amount, like $161,793. This gives the impression that you know something the seller doesn't. They may think you have a good reason for that particular price.
2. Play dumb. Ask questions, talk slow, ask for help, and never show off your real estate expertise. Sellers are afraid to budge if they think a smarter person may be taking advantage of them.
3. Use the "limited authority" ploy. Say "I'll have to check with my wife (or partner)." It's easier for sellers to accept that you can't do something, rather than the idea that you won't.
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The rent to own option for buying houses is very lucrative and holds benefits for both the buyers and the sellers. Both the parties involved in the purchase of a house have ample advantages while using this mechanism. Here is a how you can utilize the rent to own policy to gin maximum returns.
Most of the home owners who want o sell of their house always want to get it sold of in exchange of a lump sum amount of money, very few of them are usually ready to sell of their home via the lease to own option. But the rent to own option provides the users with maximum benefits. Under these circumstances the home owners get a certain amount of money as a down payment and they get monthly rent of their properties as well, a portion of the monthly rent goes to the rent credit account.
At the end of the option period the buyer has to purchase the home, in case the buyer disagrees to buy the house then the entire rent amount goes to the homeowner.
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