Chances are the longer a particular house has been on the market, the more likely the seller will accept a lower price. Of course, this depends on the buyer’s time frame and if their offer is contingent on the sale of their home.
As a rule-of-thumb, there is a period of 6-10 weeks from the time that you make an offer until closing.I will share additional tips for buying a home when you meet with me . I look forward to serving your home buying needs on Long Island.
Select The Right Agent.
Selecting a Home Specialist is a critical part of the purchase process. You should feel confident that your Home Specialist will work diligently and
negotiate expertly on
Knowledge Is Power.
Strong communication between you and your Home Specialist is essential. The more information this professional has about your likes and dislikes, the more effective and productive your home search will be.
The Right Season.
Consider the time of year when you want to buy a Long Island home. For example, if you would like to move in late spring, you may want to start your search in January or February.
In today’s market, you should be prepared to buy your new home. It’s best to have your mortgage pre-approvals and credit checks completed first and to have a clear understanding of the type of home you want.