{"id":20221,"date":"2024-10-21T06:00:01","date_gmt":"2024-10-21T13:00:01","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=20221"},"modified":"2024-10-22T18:47:49","modified_gmt":"2024-10-23T01:47:49","slug":"buyer-how-to-get-a-great-deal-on-a-house","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/buyer-how-to-get-a-great-deal-on-a-house\/","title":{"rendered":"The Thrifty Buyer\u2019s Guide to Getting a Great Deal on a House"},"content":{"rendered":"

It\u2019s tough to get a great deal on a house when the trend is to pay over the asking price. A study from the National Association of Realtors (NAR) revealed that 25% of all buyers<\/a> paid more than 100% of the asking price for their home.<\/p>\n

With this guide, we\u2019ll help you develop a razor-sharp bargain house-hunting strategy<\/a>, featuring clever ways to save and tips for spotting an opportunity in disguise. Play your cards right, and you\u2019ll be happy you stayed right on budget without having to settle for a total dud of a home or even sacrifice your must-haves.<\/p>\n

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A Top Agent Can Help You Find A House You Can Afford<\/h3>\n

We analyze millions of home sales to find buyer’s agents who will show you the right home at the right price. Our service is 100% free, with no catch. Agents don\u2019t pay us to be listed, so you get the best match.<\/p>\n \n

\n Get Started<\/a>\n <\/div>\n <\/div>\n<\/div>\n\n
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Watch for listings with high days on market, price reductions<\/h2>\n

When you start your search for a home, you\u2019ll gravitate toward listing photos<\/a> and property stats like beds, baths, and square footage as any house hunter would. A bargain hunter should also pay extra attention to two often overlooked details: the property\u2019s days on market and pricing history.<\/p>\n

Days on market<\/a> is a real estate industry term for how long a home has been available for sale. Conventional wisdom says that if a house sits on the market longer than usual, then it must be flawed in some way.<\/p>\n

\u201cSome buyers shy away from homes that sit on the market for too long, because they think there\u2019s something wrong with the house,\u201d says Gail Carillo<\/a>, a top-selling real estate agent in Holbrook, New York.<\/p>\n

\u201cBut if you look at the pricing history, you might find that it\u2019s a wonderful house that was simply overpriced.\u201d<\/em><\/p><\/blockquote>\n

That gives you a window to swoop in, make an offer<\/a>, and negotiate without worrying about much competition from other buyers.<\/p>\n

To execute this strategy, some real estate apps<\/a> for house hunters will allow you to sign up for notifications whenever there\u2019s a price cut on a house in your target search area. Most of the time, you can also find a property\u2019s days on market directly on the listing page and toggle over to its pricing history from there.<\/p>\n","protected":false},"excerpt":{"rendered":"

Develop a smart bargain house-hunting strategy with our thorough cost-savings guide covering tips and tricks for how to get a great deal on a house.<\/p>\n","protected":false},"author":37,"featured_media":49468,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[192,646,702],"tags":[],"class_list":["post-20221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-buyers","category-making-offers","category-offers-negotiations"],"acf":[],"yoast_head":"\nHow to Get a Great Deal on a House: Tips for Thrifty Buyers<\/title>\n<meta name=\"description\" content=\"Develop a smart bargain house-hunting strategy with our thorough cost-savings guide covering tips and tricks for how to get a great deal on a house.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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