Nick Perry walks through tactics for first-time home buyers: target neglected houses in good neighborhoods, put down 10%, pick the longest-listed property to negotiate harder, and demand seller credits for your rate. If they won't budge, walk away. Desperation loses the deal.
Unethical ways to buy your first house that every realtor will tell you not to do. First, don't look for your dream house at all. Find a bad house in a good neighborhood and put 10% down on it because time in the market always beats trying to time the market. Second, make sure to choose the biggest house with the most bathrooms and that's been sitting on the market the longest because if nobody else wants it, you can negotiate on it. After that, interview a bunch of agents until you find one comfortable making aggressive offers. Then finally, ask for maximum seller credits so that you can buy down the interest rate. The seller doesn't agree, then walk because a person who needs the deal the most always loses. So if you want to know how to make people beg you to buy their homes, then comment home and I'll reach out.
