Calculate the strength of your bargaining position

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Reference no: EM1399771

Consider the subsequent hypothetical. You've arrived into a contract to purchase a new house as well as the closing is scheduled for next week. It's typical for few last-minute bargaining to take place at the closing table where sellers frequently try to sweeten the deal. You have three choices for the closing- (1) attend yourself (2) send an attorney authorized to close only per the previously negotiated terms or (3) pre-sign all the closing documents per the current terms and do not attend the closing. Calculate the strength of your bargaining position for each option. Which of these would be the maximum advantageous? Describe your reasoning

Reference no: EM1399771

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