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Are you in search of a dream property? If you want to buy a property, first you need to offer. The term “offer” involves setting a price for the property you wish to pay. This can be a bit tricky because real estate agents always want to maintain a healthy position for negotiating. Hence, they often hesitate to name a price first. There are various things you can do in order to take the right step and make the right offer on the preferred property.

The following are some of the tips to ensure that you make the right offer on a property,

  • Try to realize the reason why the seller desires to sell the property. If the seller wants the best maximum price for the property, then you are very near to the actual value of the property. If the seller wants fast cash, may be due to financial problem, then the seller may be keen to accept a lower offer in swap for a faster sale. If you cannot able to find out the reason then try to locate the actual amount paid by the seller for the property and the amount of mortgage on the home. This will surely help you in finding out the motive behind the sell.
  • Make an apposite market analysis. Find out the price of similar properties for sell in the area and how long they will stay on the market? Is there any chance of price drop? If so, you might be able to quote a lower price and make an attractive deal, since the seller may be very motivated.
  • Get the copy of the survey and trend report for the last six-seven months. This report can be obtained from the real estate agent. A survey and trend report will provide you with the details of the property listed for how much and sold for how much. With the help of this report, you can able to compute a nice offer for the deal.

Buying a property is one of the biggest purchases you will make in your lifetime. The above tips will surely facilitate you in finding the right property and avoid the property snags during the time of purchase.

To get the best quality property in the preferred area and at the lowest price, you need to get timely information concerning the availability of the properties and latest price updates in your chosen areas.

If you need more information on Kefalonia Properties, please feel free to get in touch with AEC-Group.

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