Items to Negotiate When Buying a House: https://www.hauseit.com/how-to-negotiate-a-house-price-down/
Calculate Your Buyer Closing Costs: https://www.hauseit.com/closing-cost-calculator-for-buyer-nyc/
What are some of the items that you can or should negotiate when buying a house?
The price – The easiest and most common thing to negotiate is the price. Even if you want certain things repaired and the seller actually agrees, you will often only get a concession on price vs the seller actually repairing something before closing. Remember, there’s a price for everything!
Closing costs – This is more common when it comes to new developments where the sponsor customarily expects the buyer to pay the seller’s transfer taxes and attorney’s fees. As a buyer, you can always negotiate these rather large closing costs and submit an offer with you not paying for any of the sponsor’s closing costs.
Fixtures and furnishings – Typically whatever is firmly attached to the home, comes with the home. An illustrative example is if you imagine that the roof of the home has been sliced open, and a giant flips the house upside down. Whatever doesn’t fall out, such as cabinets and ceiling fixtures, will come with the home when purchased.
Window shades and blinds – Are window blinds, shades, drapes or curtains typically included in a sale? This is a rather grey area as while they are technically attached to the home, they could also easily be removed. Make sure to specify whether these will be included with your purchase.
Furniture – It’s tempting to ask for the seller’s furniture, especially if they’ve had an interior designer really help shape the space. However, furniture is not ordinarily included with a home sale, and you’ll need to negotiate for them if you want them.
Closing date – If you’re flexible on when you need to move, you may present yourself as a more attractive bidder and the seller may even be willing to take a slight concession on price because of your flexibility. This is especially relevant if the seller has already purchased a new home and has a specific timeline of how and when they’ll move.
Repairs - Even though properties are typically sold in as is condition in many states such as New York, you can still negotiate and ask for repairs to be made. For example, are there scratches on the floor or are some of the cabinets in bad shape? You can ask for the seller to repair them before closing. The seller might refuse, in which case you don’t have to sign the contract. However, this tactic might result in the seller agreeing to a price concession in lieu of making physical repairs.
Learn more about how you can save $20,000 or more on your home purchase with a Hauseit Buyer Closing Credit at www.hauseit.com
Save Money with a Hauseit Buyer Closing Credit: https://www.hauseit.com/hauseit-buyer-closing-credit-nyc/
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