That home that’s been sitting on the market for 30 days? That’s your opportunity. Here’s a strategy many buyers don’t know about: Instead of asking the seller to drop their price, offer full asking price and ask for seller concessions instead. Real example: Home price: $2,350,000 You offer: $2,350,000 (full price) You ask for: 3% in concessions = $70,500 back at closing That $70,500 covers your closing costs and/or can go towards points to reduce your mortgage rate - meaning you keep that cash
0:07
That home that’s been sitting on the market for 30 days? That’s your opportunity. Here’s a strategy many buyers don’t know about: Instead of asking the seller to drop their price, offer full asking price and ask for seller concessions instead. Real example: Home price: $2,350,000 You offer: $2,350,000 (full price) You ask for: 3% in concessions = $70,500 back at closing That $70,500 covers your closing costs and/or can go towards points to reduce your mortgage rate - meaning you keep that cash
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Maturing is realizing… 💭 Paying $1,200 in rent could be similar to a monthly mortgage payment for some buyers. The difference? One builds your landlord’s wealth, the other can help you build your own. Not everyone qualifies, but you’ll never know your options until you ask. Thinking about buying in Northeast Ohio? Let’s chat! 🏡 📲 216-209-2419 💌 dniyajohnson@kw.com #cleveland #fypシ #realtor #northeastohio
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