Irvine, CA (PressExposure) December 17, 2008 -- Lawrence Roberts, author of âThe Great Housing Bubble,â observes that âIn a buyerâs market, the buyer has the power in a negotiation. Buyers should take advantage of this power and negotiate the lowest possible price. Since the price determines the loan amount and often the taxes on the property, the buyer benefits through lower interest costs and lower taxes by minimizing the purchase price.â
Roberts advises buyers to make their first offer their best offer. He says, âThis is the most counter-intuitive part of buying in a buyerâs market. Ordinarily sellers, or more accurately the sellerâs realtor, try to create a sense of urgency to buy the house.â He goes on to outline the procedure for buyers to pay the lowest possible price for real estate.
When asked about his motivation for writing âThe Great Housing Bubble,â Roberts responded, âSellers have the marketing machine of the National Association of Realtors to help them. Buyers have few sources of unbiased information to assist their decision. Part of the purpose of this writing is to educate both buyers and sellers on the realities of the residential real estate market.â
Roberts has not been popular with the National Association of Realtors since he suggested that realtors should be subject to oversight by the Securities and Exchange Commission regarding the false statements they routinely make concerning the investment potential of residential real estate.
About the Author, Publisher and Book
Lawrence Roberts, author of âThe Great Housing Bubble,â is known as the Housing Bubble Cassandra. He publicly predicted the housing price crash as the primary writer for the Irvine Housing Blog (http://www.irvinehousingblog.com/). From his unique vantage point in Irvine, Calif. â the center of the subprime universe â Roberts carefully documents in his book the conditions and practices that inflated the largest real estate bubble in history. He holds a Master of Science in Land Development from Texas A&M University, and he consultants to the land development industry.
Monterey Cypress Publishing is a small press specializing in real estate and personal finance related books, audio books, and video presentations.
Purchase âThe Great Housing Bubble,â at Amazon.com. Obtain free ebook here: [http://www.thegreathousingbubble.com/]