Buying in a Falling Market

Buying When Home Prices Fall

If you are a buyer, that's fabulous news! You're in the driver's seat. You call the shots. When you say "jump," sellers ask "how high?" Sellers bow down before you and strew rose petals under your feet. You can make out like a champ if you negotiate like a chess wizard, and here are strategies to help you capitalize on a softened market:

• Buying in a Down Market
  How to figure out if it makes financial sense for you to buy when prices are falling. If prices haven't hit bottom yet, how do you know where the bottom is likely to rest?

• When is the Best Time to Buy?
  If you could pick a day, any day of the year in a softening market, which day would you choose? Which makes the most sense and gives you the best advantage?

• Homeshopping Tips for Serious Home Buyers
  Just because home prices are falling doesn't mean you don't have to watch out for every dime you spend. Every dollar you can put into your pocket should mean more money for you when the time comes to move up. But everybody has to start somewhere.

• Buying Homes that Others Pass By
  In depressed markets, it's not unusual for some sellers to price their home too high. If you spot a home that's been languishing on the market, it might warrant a second look. Here's how to tell.

• Avoid These Three Major Home Buying Mistakes
  When you find that perfect home to buy, in the excitement of the purchase, it's easy to fall victim to any of these three mistakes. Here's how to protect yourself and your financial future.

• Writing Winning Buyer's Offers
  How to ask for everything but the kitchen sink and get it! In a buyer's market, applying specific buyer's market strategy and carefully analyzing each situation before writing an offer will definitely work to your advantage.

• Signing Buyer's Broker Agreements
  A buying agent can make or break your deal. Before you sign an agreement, understand what you are signing and ask for clarification if you have questions. We answer a few of the most commonly asked questions.

• Why Title Insurance Policies Are Your Friend
  In a down market, you have the power to make the seller clear liens, payoff assessments and deliver absolutely clear title, without question. A title policy gives you the power to demand that protection.

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