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School Reports in Livingston, Short Hills, West Orange and Springfield, New Jersey
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Real Estate Tips
Making An Offer >Negotiations Part 2

If you are the buyer in a home sale transaction, you should be prepared to submit an offer to the seller. An offer is not simply the price -- there are more components involved.

The real estate agent will act as the conveyor of information. There are a few things to look out for in such negotiations: 1) include a finance contingency, even if you have loan pre-approval, 2) insist on an engineer's, termite and radon inspection contingencies, 3) itemize the personal property you want included, such as chandeliers or drapes, and 4) submit the closing date you prefer.

Buyers should be prepared to make their best offer first, but if that offer is not acceptable to the seller, they should expect to go through a round of counter-offers.

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Real Estate Trivia
Q 
What famous Art Deco skyscraper is decorated with eagle hood ornaments, hubcaps and abstract images of cars?

A 
New York's Chrysler Building, designed by architect William Van Alen in 1930, was one of the first buildings composed of stainless steel over a large surface area.
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Stan Kay, REALTOR®, real estate agent and broker for Livingston, Short Hills, West Orange and Springfield, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Stan Kay
Keller Williams

488 Springfield Ave
Summit, 07901
OFFICE: 973-376-0033 x 220
FAX: 973-376-1088
CELL: 908-209-4615
STAN@STANKAY.COM


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