Interested in Your Own Personally Branded Magazine? Click Here!

Want to customize this content for your business?

Learn More

Categories

  • Home
  • Decor
  • Real Estate
  • Life & Culture
  • Food & Recipes
  • Holiday & Entertaining

  • Printables
  • Videos


General

  • About the Magazine
  • Advertise
  • Copyright
  • Privacy Policy
  • Cookie Policy
  • Careers


Editorial

  • Editorial Calendar
  • Issue Archive
  • Contact Us
  • Pitch an Idea

American Lifestyle Magazine Logo
  • Home
  • Decor
  • Real Estate
  • Life & Culture
  • Food & Recipes
  • Holiday & Entertaining
  • Search
  • Follow
  • 0 Heart
  • |
  • Food & Recipes Categories
    • All Recipes (746)
    • Appetizers (134)
    • Breakfast (59)
    • Cooking Tips (41)
    • Desserts (213)
    • Dinner (227)
    • Drinks (59)
    • Gluten Free (9)
    • Healthy (63)
    • Quick & Easy (56)
    • Vegan (29)
    • Vegetarian (46)
All Recipes | Apr 26, 2022

Simple Spring Alfresco Dining

  • Holiday & Entertaining Categories
    • Christmas (77)
    • Easter (14)
    • Entertaining (40)
    • Father’s Day (6)
    • Halloween (29)
    • Hanukkah (14)
    • July 4th (33)
    • Mother’s Day (8)
    • New Year’s (19)
    • St. Patrick's Day (11)
    • Thanksgiving (33)
    • Valentine’s Day (5)
artistic-easter-eggs
Crafts & DIY Projects | Apr 11, 2022

Earthy Easter Eggs

  • Decor Categories
    • Crafts & DIY Projects (272)
    • Curb Appeal (5)
    • Decorate (62)
    • Interior Design (77)
Decor | May 19, 2022

Maximizing Home Style with Designer Bari J.

Urban Design Associates
Interior Design | Apr 22, 2022

Architects Of the Wild West

artistic-easter-eggs
Crafts & DIY Projects | Apr 11, 2022

Earthy Easter Eggs

  • Real Estate Categories
    • Buying & Selling (195)
    • Home Trends (20)
    • Staging (20)
    • Your First House (31)
landlord-tips
Buying & Selling | Feb 9, 2022

Beginner’s Guide to Being a Landlord

Buying & Selling | Jan 26, 2022

8 Things Not Included in a Home Inspection

virtual-home-tour
Buying & Selling | Jan 19, 2022

The Pros and Cons of a Virtual Home Tour

  • Life & Culture Categories
    • Editorial (272)
    • Family & Pets (193)
    • Finances (22)
    • Health (154)
    • Travel (231)
Canine Stars
Editorial | May 2, 2022

Pup Performances With A Purpose

Hilton Head
Travel | Apr 25, 2022

Lowcountry Life

Anita Yan Wong
Editorial | Apr 20, 2022

Brushstrokes and Progress

  • Home Categories
    • Cleaning (41)
    • Organizing (45)
    • Home Improvement (121)
    • Outdoors & Gardening (83)
Home | May 10, 2022

Prepare Your Patio with the Perfect Accessories

Home | May 4, 2022

How to Stop Bugs from Ruining Your Summer

Outdoors & Gardening | Apr 11, 2022

Never Mow Your Lawn Again

Follow us on social media today!

Facebook Twitter LinkedIn

Why Buyers Have the Upper Hand in a Down Market

Buying & Selling | By Alexa Bricker | 0 Likes
SHARE
Facebook Twitter LinkedIn More

When financial markets are experiencing a downtown, it’s normal to reconsider the thought of buying a home. It’s easy to put your homebuying dreams on hold out of fear conditions will take an even bigger turn for the worse.

Even when the market has taken a hit, it doesn’t always mean the housing market is in crisis with it. In fact, history shows that down markets are traditionally a better time to shop for a home. The tips below can help you keep your dreams of homeownership alive during a down economic market.

Turn to the experts

The first step is to inquire about your home purchasing interest with a real estate agent. The market can be tricky to understand, especially during tough economic times. As an industry expert, they’ll be able to guide you through the process, and will be honest with you about your prospects.

for sale sign in yard

Be prepared

Just because buyers may have the advantage in a down market doesn’t mean that you won’t have to act quickly to get a good deal. Start preparing your finances now, and apply to be pre-approved for a mortgage so the process isn’t delayed. Once your finances are in order, you’ll be in a better position to make an offer that will be enticing to sellers.

keys in a door

Just ask

If a seller is really looking to sell quickly, they may be more willing to comply with add-ons to the deal, such as paying for closing costs. As the buyer, you will likely have an upper hand when it comes to finalizing the sale. Not comfortable with negotiation? Your agent can help you, so don’t be afraid to let them know what you want.

Know your limits

Buyers may still be looking to negotiate, but don’t give in on your budget because you’re worried a better deal won’t come along. There should still be plenty of people looking to sell, and the first home you like that comes along won’t necessarily be the last. Take your time and weigh your options to ensure you make a choice you’re comfortable with. At the end of the day, it’s the home you’ll have to live in—it should be the right fit for you and your family.

What’s most important to remember is that whether it’s a buyer’s or a seller’s market, there will always be homes available and the real estate industry will keep moving. Don’t sacrifice your dreams of homeownership. Be patient, and use these tips to have a positive experience.

19861 Views

This article is tagged in:

FinanceFinancial AdviceHome AdviceHome BuyingHome LoanReal EstateReal Estate AgentRefinancing

Related Posts

landlord-tips
Real Estate | Feb 9, 2022

Beginner’s Guide to Being a Landlord

Real Estate | Jan 26, 2022

8 Things Not Included in a Home Inspection

virtual-home-tour
Real Estate | Jan 19, 2022

The Pros and Cons of a Virtual Home Tour

location-location-location
Real Estate | Jan 9, 2022

Plant Your Roots: Picking Your Home Location

Decor | Dec 31, 2021

10 Tips to Increase Your Winter Curb Appeal

Popular Posts

can-planters-card
Staying Home | Mar 25, 2020

Make Your Own Can Planters

Plan Your Home Projects | Jul 8, 2021

Tips for Redesigning Your Patio Space

12-Direct | Feb 17, 2020

Trash vs. Recycle: Do You Know When to Trash it?

Real Estate | Dec 14, 2017

House Selling Checklist

home office with white furniture
Life & Culture | Mar 30, 2020

Everyone Is Working From Home—Here’s How to Do It Effectively


You may also like:

can-planters-card
Crafts & DIY Projects | Mar 25, 2020

Make Your Own Can Planters

Outdoors & Gardening | Jul 8, 2021

Tips for Redesigning Your Patio Space

Health | Feb 17, 2020

Trash vs. Recycle: Do You Know When to Trash it?

Buying & Selling | Dec 14, 2017

House Selling Checklist

home office with white furniture
Health | Mar 30, 2020

Everyone Is Working From Home—Here’s How to Do It Effectively

spring-cleaning-countdown
Cleaning | Mar 23, 2021

Spring Cleaning Countdown

decorating-basics
Interior Design | Jun 9, 2020

These Tips Are Your North Star For Home Decorating

Share on Social Media

Our mission is to deliver entertainment that inspires and motivates our readers, encouraging them to follow their passions as they explore new horizons.

© 2022 American Lifestyle Magazine

General
  • About the Magazine
  • Advertise
  • Copyright
  • Privacy Policy
  • Cookie Policy
  • Careers
Editorial
  • Editorial Calendar
  • Issue Archive
  • Contact Us
  • Pitch an Idea
Categories
  • Home
  • Decor
  • Real Estate
  • Life & Culture
  • Food & Recipes
  • Holiday & Entertaining
Follow Us
Facebook Pinterest Instagram Youtube

Customize this content for your business!

Learn More

,