Winter brings a different perspective to buying a home.
Although the winter has it's challenges when it comes to buying a home it can be
a very a good time to buy for several reasons.
There are fewer buyers out looking with most of them sitting
by the fire trying to keep warm. Many don’t want to brave the rain and snow
looking for a home. It’s hard enough in the summer, right? It may be more
difficult but well worth your time and effort to find the perfect home at a
great price.
With fewer buyers out looking you are less likely to come
across a multiple offers situation.
Sellers are highly motivated, if a house is listed
during the winter months the seller’s circumstance could be to your advantage.
They could have a new job and need to relocate. Financial problems or a
divorce. Depending on the seller’s situation they may be more acceptable to
negotiating.
A home listed in the winter may have been listed for a long
period of time. If a home is listed for several months you may be able to offer
less. Don’t be afraid to make an offer below asking price. But be careful not
to offend the seller with a low-ball offer either.
Very important is the home itself, during the winter is an
excellent time to see how a home performs when it is cold, after a good
snowfall or rain storm. You can see if the home has leaks or a problem with insulation
or lack of it, check for cold corners or rooms. A well-built home will not have
icicles hanging from the eves or snow collecting on the roof.
Another advantage is finding a Realtor in the winter months is
much easier because most of them are not as busy. They can spend more time with
you and help you find the perfect home.
The same could be said for your mortgage professional.
Another great motivator is your loan and what interest
rate is available. Lender’s are less busy during the winter and we often see
lower rates during the winter months. Take advantage of this, it could save you
thousands over the duration of your loan just by buying during the lull in the
market. We never know when rates will go up.
I have given you some great reasons to buy this winter,
do your homework and due diligence before you buy your home. Talk to professionals and get the knowledge you need to make your best choice and then put your
knowledge to action. Go for it! It’s fun and who doesn’t like moving into a new
home no matter the season.
If I can help in any way with questions or your financing I
am always available and just a phone call away.
Thank you for visiting my blog, I encourage you
to leave a comment or questions. Let
me know if my blog has helped you. I would love to hear your thoughts and any
ideas for future posts.
Roxy Redenbaugh
ACMC Loan Consultant
Mortgage
Coach
Branch Manager
NMLS #269926
www.roxyloans.com
No comments:
Post a Comment