If you want to buy a house among the available Scottsdale homes for sale and you're on some find of a budget, you may make a lowball offer to have big savings. Going lowball means that you're offering considerably less, about ten percent or more below the list price set by the seller. Because of this, it may be very difficult to successfully pull this off. But in spite of this, the seller may possibly accept the offer if you know what strategy you need to use.

One of the important things you have to consider if you're planning to make a lowball offer is the type of market; you must know this to be able to carefully plan your moves. If you're shopping in a buyer's real estate market, this may be relatively easy for you, but if you're buying in a seller's market, it can be very hard since sellers typically get a lot of offers from buyers. Regardless of the marketplace, just keep in mind that going lowball can help you save money.

The following are some tips that can help you make a lowball offer that are likely to be accepted by sellers:

1. Figure out the reason behind the selling of the house - If you are aware why the seller is putting the property up for sale and his/her motivation, you'll be able to make plans for your offer so that you can satisfy his/her needs.

2. Prepare a well-written purchase offer - If you present a clean offer, it's like indirectly saying that you are serious about buying the house and that you're qualified and prepared to close the deal. Some of the things you should do include, but are not limited to, the following:

• Reduce the period of time for home inspections.

• Waive or simply lessen some of the contingencies.

• Do not ask for things that aren't normally requested.

• Submit a letter from your lender stating that you are pre-approved.

3. Answer a counter offer with a counter offer - If you receive this from the seller, it only means that he/she is inviting you to counter his/her counter offer, so it's important to not get discouraged; some buyers feel dejected when this happens and doesn't continue with the offer.

4. Focus your attention to other factors - Many buyers tend to set their sights on the home's price, but it should not be this way as there are other things that you need to take into consideration. It would be wise to make some modifications to your plan and ask request other concessions, for example:

• Lengthier periods of escrow

• Repair credits

• Closing expense credits

• Tangible commodities such as appliances and furniture

5. Provide a good reason why your offer is rational - This can be very crucial as you can show the seller how serious you really are about purchasing the property. Do some research and don't just give a list of comparable sales. It's advisable to take notes of every transaction that matches up to the house you want to buy.

Purchasing a house in Scottsdale real estate will definitely cost you money so it's important to be ready. It's wise to do everything possible to save and one way is by making a lowball offer.