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It is heating up prices surging across the country I'm sure you've seen that posting some of the strongest gains in more than seven years.
Sellers are pretty happy but these higher prices are putting buyers in a pinch it's harder to do joining me now with tips to low balling -- -- and winning.
And I'm promising a lot -- -- you are personal and expert -- against.
But we'll talk about if you're trying to buy right now unfortunately you're up against a lot of problems -- -- you are I mean.
It whether or not they -- -- themselves gonna take a low ball offer depends how motivated they are get -- know like what the motivation is behind the scenes you gonna do little research on that front.
Are they getting divorced have a desperate to sell to they have to homes and are they trying to -- this one but browns players there are clues and you need to look for those clay is to understand.
What if I'm -- -- should also how long of the house on the market and an offense than sitting there indefinitely.
The seller would be more -- and everything to entertain a low ball offer the -- wanna go into the holiday season.
We this house hanging over the mid rather unload it now while the going -- gonna do a lot of lot of research.
Research the -- that one goes about things and saying he needs -- -- like zillow says my blog for -- -- -- square foot right you can do little homework on -- and and then make an offer that's not going to offend them and presented in a way it's not going to offense seems to me if you want a low ball the best way to do that is you're making an all cash bid.
-- I obvious way to deal about -- with cash.
You're about how old answering your solid buyer you're serious you've got the cash no contingencies nothings in your way you can close and a couple of weeks whatever the case may be.
Make the effort -- to make it reasonable.
Don't make it too offensive and now in some markets is it's not gonna happen you mentioned knees and competitive markets bidding wars are alive and well a lot of supermarkets and in some markets.
Still not -- -- so you know you have the opportunity and you can look for little tiny clues like.
Is our mom and dad's clothes both from the closet or should just one at bat and these people are divorcing and they may download that yes I mean it's not nice it's not an insider people are doing that and also what's happening to -- Buyers are contacting sellers directly knock knock knocking on -- -- look at contacts direct contacts to sellers to -- a 132%.
And 20% of sellers who sell their homes last year did so.
Because the buyer -- up and approach them directly Maine gave them the sort of song and dance that's why they want it either house clearly California with a poker face California.
People would write letters like my children want to live in your home I need it was this in Atlanta that might work.
You know what the heart strings a little bit and might work -- -- need to do you insure if you really wanna buy that house but that brings me to my next topic rent or buy.
It's a big conversation right now in a couple of stories published recently slamming home -- take a look at this.
The Financial Times saying the cult of home ownership is dangerous and damaging.
-- writing this the cult of homeownership promotes disastrous politics which may be true.
But wouldn't think it is.
Think arguing against homeownership -- -- concept is -- basically -- for buying -- for buying a finality yes.
You know and and in most major -- markets buying makes better financial sense right now been -- doesn't mean -- in the analysis and -- -- 60% -- markets you can -- -- less than three years and some markets less than two -- Phoenix.
Miami to me if -- -- aircraft down revenue growth areas I just think I want to pay myself I don't wanna pay it.
Right you know I felt like -- doing some people would prefer to Iran and their -- and they're bouncing around from one -- of an accident have stability in their lives they would rather just deal with the landlord directly and -- about the hassles of homeownership so.
It boils down to being -- personal decision in large part you've got to run the numbers you a look at your time frame the horizon.
A lot of things is a personal decision a lot of people that make it on the basis of that mortgage deduction that's very important to people.
And that could be something that's taken away in the next few years by congress we actually do get some kind of tax reform.
Think that's gonna have a big impact I don't think it's going to announce there -- some people who want to buy and make it a plan to buy and other people who just bounce around from one place and snacks are.
Well thanks so much bigger area -- -- I'm on your side I think green we have some real alliance since they do have a consenting a -- consensus.
And put up a thanks a bank territory.
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