Latest comprehensive news on U.S. investment immigration from Worldway: What are the tips for new immigrants to negotiate prices when buying a home in the United States? Worldway U.S. immigration experts point out that in today's U.S. housing market, the following five methods can help buyers maximize their negotiation power and achieve the best possible price reductions:
1、Comprehensive Assessment of the Seller's Situation
Before buying a home, new immigrants should conduct a comprehensive assessment of the seller: if the owner has a large outstanding mortgage and is eager to sell, there is relatively more room for price negotiation.
2、Compare Similar Properties
Shopping around prevents losses. Before purchasing a home, new immigrants should research and compare similar properties, including space, layout, transportation, location, renovation status, and whether it is a school district property. By comparing multiple options, you can avoid paying an excessively high price.
3、Examine the Property's Time on Market
Generally speaking, if a house has been on the market for too long, its value decreases. As a rule, the longer it has been listed, the more room there is for negotiation. If the listing time exceeds one month, the buyer can try to request a 10% price reduction; if it exceeds three months, a 15% reduction should be considered.
4、Request Other Perks or Discounts
If the seller refuses to change their asking price, you can ask the seller to cover other costs. For example, you might ask the seller to pay for closing costs, split escrow fees, or request funds for repairs.
5、Adopt Different Strategies for New Homes
Generally, the newer the property, the harder it is to negotiate the price. In such cases, buyers cannot rigidly demand a price reduction and should instead request other incentives.
Worldway U.S. immigration experts point out: The U.S. economy saw a strong recovery in 2015, once again becoming the engine leading the global economy. With the U.S. dollar exchange rate entering a rapid upward channel, converting RMB assets into USD assets is undoubtedly an excellent way to allocate assets. The U.S. EB-5 investment immigration program has become one of the preferred methods for investors to engage in overseas investment.
Worldway has launched two major EB-5 projects already pre-approved by the U.S. Citizenship and Immigration Services: the New York Liberty Garden luxury apartment project and the Pennsylvania Turnpike project, which serve as a wise move for investors to address the three major crises of visa backlogs, potential price increases, and policy changes.
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