and add appraisal and home inspection contingencies to their offers.
A"Home for Sale" sign points to an existing single-family residence for sale Oct. 4, 2006 in Park Ridge, Illinois. This gives buyers the ability to renegotiate in the event that a home does not appraise for as much as the buyer offered, Trapasso said. "If a professional home inspection uncovers some pricey problems, they can also go back to the bargaining table," she added. Trapasso also noted that buyers can even try to submit bids under the asking price if a home has been sitting on the market for a while. Similarly, Cangiano said sellers understand what is going on in the world and will be more negotiable in price because of it.
"In my opinion, this is when you should be… deep diving into a buy and getting yourself the best deal," she said.