You've got your credit in shape, know your budget and you are pre-qualified for a mortgage. You have a buyer's agent working for you and you've found a house that meets your criteria. Now it's game time. It is time to put in an offer. Here are some valuable pieces of information that can help you structure that offer. How long has the house been on the market? Sellers of a house that has recently been listed is probably less likely to take an offer significantly less than the asking price. A seller whose house has been on the market for a long time may be more eager to negotiate. Why is the seller moving? If they are transferring to a new job or need to sell to buy their next home, it can give you leverage. If they are just thinking about moving back North, they may be more firm in their price. How long have they lived in the home? The longer they have lived in the home the less money they may owe on the property. This too may mean they can be more flexible on...
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