How much did the seller pay for the home that you’re considering?
This question, depending on the market, can help buyers negotiate a better deal – perhaps even get the seller to carry a portion of the financing.
Remember, the purchase price of a home is influence d by several factors, like current market value and improvements made to the home. The original purchase price may not have anything to do with the current value of the house, but it could play into the negotiations…
I have had situations in the past where sellers had a little room to maneuver on price, so it’s important to keep the original price in mind.
Just a thought
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