BuyingAHome-JenniferChristenot

In addition to these two most common types of mortgages,
there are others that you might choose to take advantage
of including Veteran’s Administration programs and the
Department of Agriculture’s program. It’s important to speak
to your lender or your mortgage broker about all the many
different programs available that might be able to get you a
mortgage made just for you.
21.) What happens if I put in an offer on a home and it’s
rejected?
This is often the worst fear of buyers, but even if your real
estate agent comes back and tells you that your offer has been
rejected, it doesn’t mean that you’re never going to live in that
home. It simply means that you need to start negotiating if you
still want the home. Those negotiations may begin with you
offering more money for the home but they can often include
the seller taking on the closing costs, or making repairs that
perhaps you would have been willing to overlook for the first
price. While no one wants their first offer rejected, it can be a
real opportunity when it is.
Just remember that during negotiations, it can be easy to
lose sight of the end goal and emotions can make you start to
value the home more just because it’s so difficult to get. Don’t
let that happen. Keep a clear head, only offer as much as you
want to or can afford, and don’t be willing to give in to the
demands you have that are the most important for you.
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FAQ’S ABOUT BUYING A HOME | JENNIFER CHRISTENOT