3 powerful real estate negotiating tips

Real Estate Tip:

Know when to walk away in a negotiation to purchase a property. When you walk away, a lot of times the other party will come back to you later on--and if and when they do, you’ll have an even stronger negotiating position to work from.

Real Estate Insights:

U.S. Banks Move Away From Home [View Article]: This latest data that shows a record low in real-estate-linked debt's share of bank assets highlights the mortgage lending reluctance that we’ve been seeing in US real estate for quite some time. Unfortunately, good borrowers today are being penalized for the sins of the past. In a typical knee-jerk reaction, the pendulum has swung way too far in the other direction locking many responsible buyers, particularly younger, first time buyers out of the real estate market. The fact that Wells Fargo is cutting its minimum credit scores for loans backed by Fannie Mae and Freddie Mac however is a welcome sign.