Chance Gates' Blog

The asking price is just that, what they are asking for the property. The buyer should know and understand they want this property sold quickly. The buyer makes an offer asking for everything: seller to credit buyer 3% for closing cost and home warranty are just a few. The longer the house has been on the market the more the seller wants to get rid of the property. The seller will likely counter any reasonable offer trying to get the highest amount possible. The buyer needs to understand the just part of the process in buying a foreclosure property. The trick is to negotiate a price that will meet the seller’s bottom line. A buyer needs to get a Licensed Nevada Real Estate Agent, who has done a number of foreclosures, to assist them in reaching the best purchase price.

As a Reno/Sparks real estate professional I encourage all questions and comment on the Reno/Sparks real estate market or any article posted.  I can be reached by email at chance@ballard-company.com or http://www.myspace.com/chancegates