For Buyers

You should chose us because we have a proven process to find you the right house, negociate a great deal, inspect, resolve issues and close.

The following information my be helpful with the buying process and the tips may be helpful to maximize the value your receive from your investment.

If you would like to hear how we can help you find and purchase your ideal home please call 203-246-7372 or email swreilly@swreilly.com.

Tips for Buyers

Spotting the steal of a deal

1. Buy fringe (Have no fear, be a pioneer. Emerging neighborhoods are where the real money is made).

2. Look at short sales, foreclosures and estate sales.

3. Over priced homes, overstuffed homes, empty homes and those on the market for more than three months always sell for less.

4. Don't be afraid of a WRECK. Few people want them, but why pay for someone else's renovation that may not be your taste? Wrap cost of renovation in mortgage.

5. Look for the worst house on the best block.

6. Time your search: The best buys are found between Thanksgiving and the Super Bowl when few people look and every seller is anxious. The second best time is July and August when everyone's at the beach

7. Finally, search the web! You can know more than your broker does. One third of all buyers find their dream home online

MONEY ISN'T EVERYTHING

1.. Find out why the owners are selling.

2. Say you love it! Sellers are subject to flattery.

3. Be ready to pounce! Five minutes makes a difference (Everybody wants what everybody wants and nobody wants what nobody wants).

4. Offer "all cash" with a pre-approved mortgage already in your pocket. Have a no frills contract, be flexible on closing dates and have your lawyer ready.

BID TO WIN

1.. Don't low-ball on a well-priced property. (Don't insult the seller; they'll want to sell to anyone else).

2. Don't be too shy to make a low offer on an over-priced property (It may be your lucky day).

3. Always offer more than asked on an under-priced property. It prevents a bidding war.

4. Make a strong initial offer.

5. Bid an unusual number-it will get attention.

6. Regret buster: Know your limits, but make your highest bid so that if someone else bids over that, you won't regret it.

7. Put your offer in writing.

8. Don't be afraid to offer more for charisma and charm.

9. Go the extra mile (Don't let a small difference break the deal. Convert the difference into a monthly cost; it might be less than taking the family out to the movies!).