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Be a Winning Negotiator | |
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You Can Negotiate Anything | |
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When There's Apparently No Negotiating Room | |
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Everything Else Is Negotiable, Too! | |
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Is It Hard to Learn to Be a Good Negotiator? | |
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Is It Really Worth the Effort to Negotiate in Real Estate? | |
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Knowledge Gains You the Upper Hand | |
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Who Has the Knowledge? | |
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Knowledge Is Power | |
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Knowledge Affects Negotiations in Every Aspect of a Real Estate Transaction | |
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How You Present a Property Can Mean the Difference Between a Sale and No Sale | |
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Knowing Market Conditions | |
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Negotiating Tools | |
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And More | |
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Remember, It's Strictly Business | |
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Never Take It Personally | |
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Beware of Choosing "Nice" People to Represent You | |
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Only Deal with People Who Have the Power to Decide | |
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Deal Directly | |
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Always Strive for the High Moral Ground | |
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The Rules of Time | |
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Invest in Time | |
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Set a Deadline | |
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Act in a Timely Fashion | |
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The Psychology of Negotiating | |
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Push Back at the Put-Down | |
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Don't Waver over Your Expertise-or Lack Thereof | |
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Bring It Out into the Open | |
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Be Irrational Occasionally | |
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Strive to Be a Beginner | |
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Always Ask Why | |
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Challenge Their Words | |
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Try Using a List | |
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Listen Carefully | |
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Listen to What's Behind the Words | |
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Question Authority | |
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Challenge the Authority's Credentials | |
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Five Basic Tactics Negotiators Use | |
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Always Give Yourself Another Option | |
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Only Work on Issues That Can Be Resolved | |
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Never Respond to an Offer That Can't Be Closed | |
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Don't Stick to the "Pie" Analogy or "Bottom Line" Reasoning | |
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Remember that Some Deals Can't Be Made, No Matter What | |
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Walking Away a Winner Is No Baloney | |
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Negotiate the Actual Offer (Including Counteroffers) | |
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Arriving at the Terms of the Deal | |
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Price and Terms | |
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The Deposit | |
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Financing Contingencies | |
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Dealing with Time | |
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Other Contingencies | |
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Buyer's Final Approval and Walk-Through | |
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Get a Better Deal When Buying a Foreclosure | |
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What Is a Bank-Owned Property? | |
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Why Dealing with a Bank Is Better | |
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Why Dealing with a Bank Is Harder | |
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Making the Offer | |
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Dealing with the Bank's Intransigence | |
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Dealing with a Low Appraisal | |
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Concluding the Purchase | |
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Fend Off a Lender That Wants to Foreclose | |
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How Did This Happen to Me? | |
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The Turn Down | |
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Slow Down the Process | |
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Case History: Playing the Lender | |
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Ask for a Deed in Lieu of Foreclosure | |
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Another Case History: A Deed in Lieu | |
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Try a Short Sale | |
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Walk Away | |
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Review Your Options | |
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Sell Your Home When You Owe More than It's Worth (Short Sale) | |
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Are There Any Drawbacks to a Short Sale? | |
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Are There Benefits to a Short Sale If You Can Still Make the Payments? | |
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Why Would a Lender do a Short Sale? | |
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How to Do a Short Sale | |
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What to Do if You Have a Second Mortgage | |
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How to get Secondary Mortgages to Sign a Release | |
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Watch Out for Deficiency Demands | |
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Who Pays the Commission and Other Sale Expenses | |
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How to Put Pressure on a Lender to Act | |
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How Closely to Work with Your Agent | |
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Watch Out for Scammers | |
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Forms and More | |
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Successfully Buy a Short Sale | |
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The Short Sale Hurdles | |
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Negotiate with the Seller | |
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Get the Right Agent | |
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Talk to the Seller's Agent | |
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Coax the Buyer to Accept Your Offer | |
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Negotiate with the Lender | |
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Keep in Touch | |
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Forms and More | |
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Win a Bidding War | |
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For Buyers Only | |
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When the Bidding War Starts | |
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Negotiating in a Difficult Market | |
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Look for Fixer-Uppers | |
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For Sellers Only | |
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Understand "Forward Pricing" | |
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Purposely Underpricing | |
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Negotiate. Negotiate. Negotiate. | |
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Negotiate a Lower Commission Rate When You Sell | |
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From the Agent's Viewpoint | |
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From the Seller's Perspective | |
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How Does the Commission Impact the Agent's Role in Selling? | |
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Offering a Good Commission Rate to the Selling Agent (the One Who Produces the Buyer) | |
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Adding a Bonus | |
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What About Negotiating a Lower Commission for Your Listing Agent? | |
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Should You Tie the Fee to the Services Performed? | |
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Should You Deal with Discount Brokers? | |
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What About Negotiating the Commission as a Percentage of Equity? | |
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Can You Get the Agent to Accept Paper Instead of Cash? | |
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Should I Try Negotiating Directly with the Other Party? | |
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What If the Agent Throws Up a Roadblock? | |
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Would You Be Better Off Having a Separate Buyer's/Seller's Agent? | |
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Can an Agent Work Against You? | |
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Strictly from the Buyer's Viewpoint | |
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The Agent Answer | |
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Argue for a Better Appraisal | |
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When the Lender's Appraiser Says "No!" | |
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How Do You Challenge a Lender's Appraisal? | |
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Appraisal Costs | |
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Can You Challenge the County's Appraisal? | |
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When You Decide to Appeal | |
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How Do You Appeal an Improvement? | |
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Negotiate Personal Property | |
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Very Personal Property | |
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Negotiating to Get Personal Property Included in the Deal | |
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Keeping Personal Property Out of the Deal | |
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Even Personal Property Is Negotiable | |
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Pressure a Builder over Price and Upgrades | |
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Dealing with the Builder's "Front" | |
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Submitting Your Own Offer | |
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What You Can Negotiate | |
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Understanding the Builder's Costs | |
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Negotiating for Options | |
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Knowing What You Want | |
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The "Upgrade" Trap | |
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Getting an Option Discount | |
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Mortgage Buy-Downs | |
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Gain an Advantage from the Inspection Report | |
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What Is the Professional Inspection Report? | |
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How to Leverage the Inspection Report into a Better Deal | |
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Renegotiating | |
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Preinspected Homes | |
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Why Would Sellers Want a Home Inspection? | |
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Dealing with Lenders | |
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Does a Defect Need to Be Corrected? | |
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Buyers Who "Set Up" Sellers | |
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The "Aboveboard" Approach | |
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Deal Points When Buying Investment Property | |
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Negotiating the Price of Income Property | |
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How to "Negotiate" Rents | |
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How to Negotiate Deposits | |
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How to Negotiate Financing | |
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Negotiate Your Way Out of Closing Problems | |
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What Can Go Wrong? | |
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What Can You Do to Avoid Closing Problems? | |
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What Do You Do When Things Go Wrong? | |
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Who Controls the Escrow? | |
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Who Pays the Escrow Fees? | |
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Glossary: The Language of Real Estate | |
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Index | |