If you’ve been looking for homes for sale in Oradell, NJ, you may have noticed a new trend: homes are staying on the market longer, and prices have finally stopped skyrocketing. What does this mean for potential home buyers? You may be able to be a little more picky when buying your next house. Keep reading to see how a flexible home market can benefit home buyers.
You Can Ask For A Lower Price In Today’s Home Sale Market
Unlike a year or so ago, when homes were flying off the market before the down payment could be arranged, today’s home sales have slowed. This means that buyers have more power to wait, consider, and plan—and sometimes, to ask for a lower price. If you notice that a home for sale in NJ has sat on the market for a while, and seems to be priced higher than the others in the area, consider asking if the seller would accept a lower price. Motivated sellers may work with you on the total costs, or offer to help with closing costs.
Discuss Repairs With Your Home’s Seller and Realtor Team in NJ
Another benefit you can get as a home buyer is to have repairs completed before you buy, or get financial credit for these repairs. Is that ratty carpet the “dealbreaker” for you? Perhaps the home seller will be willing to replace it with new hard flooring. Has your home inspector let you know that the HVAC system will need some work in the future? Maybe your realtor can help you discuss a reducing in the selling price to cover those repairs, or even set you up with credit at a local HVAC shop.
Work with NJ’s Best Realtors To Find The Best Listings
When the buying power is in your hands, you have a lot of options. But the best person to advise you on these options and the details is your trusted real estate agent in NJ. Your realtor knows the local market and knows your budget, putting them in the perfect position to help you and the seller come to the best agreement possible.
When buying houses in NJ, you need a strong real estate team to support you! The expert realtors working with That British Agent are waiting for your call—we have some great homes for sale that you want to see!