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Finding a Deal? In This Economy?

Finding a DealFinding a deal? In this economy? The answer is yes, there are still deals out there, and we love nothing more than helping our buyers find them. This is what we keep our eyes peeled for ↓

1) CONTRACT CANCELLATIONS

  • Not every sale crosses the finish line, and when they don't, it's usually a great opportunity
  • "Back on Market" listings are often priced better than the original listing and the sellers are motivated


2) HIGHER "DAYS ON MARKET"

  • Homes that have been on the market a while (~45+ days), sellers more willing to negotiate
  • Could be sitting because of pricing, lackluster listing photos or required lots of TLC
  • A trained eye can spot value (or necessary updates)


3) BUILDER CLOSEOUTS

  • Builders are in the business of selling homes, not owning them
  • If a new construction home is move-in ready, chances are the builder is eager to sell... ( discounts & builder credits)


4) MOTIVATED SELLERS

  • A seller might be motivated to offer a great price or terms due to sudden life changes - job relocation, divorce, death, or the need to liquidate
  • This is where our intel on the seller can work to your advantage


5) HIDDEN GEMS

  • Sometimes a really great property gets overlooked because it has an unusual floor plan, an outdated kitchen, or is outside of the most popular neighborhoods
  • As long as a property has "fixable" issues within the buyer's budget, the pros could outweigh the cons


We're always here to share what's happening in our local market - don't hesitate to reach out!

info@kingmillerrealestate.com

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