The Art of "Low Balling"
Buying Foreclosures in Maryland DC VA !
The number one mistake we see most often is to try to bring down the price by “knocking the property".
A common mistake by rookies. .
Usually the sellers, regardless of the circumstances, they are proud of their homes and what they have done with them.
You don't want to insult them by pointing the property’s imperfections. . .they know that already.
When it comes to banks. . .they simply don't care!
Low Balling and offer will be better serve with this in mind. It pays to appeal to that emotion by
complimenting the property, rather than trying to knock it down and denigrate it.
I had a buyer's agent once said to me when he was presenting an offer for one of my listings. . “My client is making what you might consider a low offer because this basically the worst condo in this building.”
The only thing I could mutter was WTF? . .gently inside my brain. .
This Realtor most likely is not in business anymore.
"Low Balling" is like juggling knives. . make a mistake and your offer gets cut!
Another bad reason to " Low Balling"
Making an offer based on what your client qualifies for in a loan. .DUH?
Never mind if the property is worth it or not!
“Don’t take no chances. . when it come to low balling, we wrote the manual and it could save you THOUSANDS OF DOLLARS when you become our client. .
Lets start the process by going here!
- PS: Did you know that a knowledgeable Realtor can help you find if you are eligible for any Government Grant when buying a home?
please visit the place for www.HERBOSO.com to find the latest foreclosures in your area.
Maryland Foreclosure Hunters
www.Herboso.com at your service. .