Five tips to negotiate a home purchase in today’s market

Savvy buyers can still bag right home at the right price

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According to statistics from Realtor, home builder and government sources, the volume of new and resale home transactions is down but the actual sales prices of individual residences hasn't changed much in recent months. To gain the attention of home buyers, many sellers (especially home builders) are offering special incentives such as no closing costs, commission bonus for the buyer's real estate agent, mortgage-interest-rate buy-downs, and even a free vacation or plasma TV for the buyer or buyer's agent. Purchase Bob Bruss reports online. During this slowest home sales season of the year between Thanksgiving Day and New Year's Day, extending to Super Bowl Sunday in many communities, motivated home sellers and builders are especially anxious to sell. Consider yourself fortunate if you are in the market to buy a home now. Mortgage interest rates are still quite affordable at around 6 percent interest. Anyone with a new or resale house or condo on the market to sell at this time ...