7 Tips On Buying A House Through The Holidays

December 21, 2017 Moving into a new home during the holidays can be a bit of a headache. With the family coming over, the seasonal activities, and the unpleasant cold weather we have been having this year. However, there are many ways you can avoid stressing over, including the following that have been listed below.

1. Less Competition Once of the main reasons why many choose to buy during the holidays is because they tend to have less competition. There are fewer home buyers and fewer people shopping for homes at the time. While there are fewer homes available, there will also be fewer home buyers searching for homes. This should fit some of your home buying needs.
2. Motivated Real Estate Selling Agent-Home Sellers enjoy moving over the holidays more than home buyers do. The people that are selling their home over the holidays are also motivated to do so. Maybe the reason for the sale is that they are in need of a quick solution because of a new job. The reason can also be that there is a debt to be paid during the holidays, and selling their house is the best option. The reason might be that the house is in the market for quite a while, and they must make the sale before the year is over. When you combine a motivated seller such as Nouman with decreased competition you will have a better chance to get a better deal.
3. Home Prices Are Lower Prices are at its peak, and it is mostly due to the shortage of homes. The best part of all of this is that December has always had lower home prices compared to other months. there is no guarantee the trends are going to repeat, but it is always worth a shot to check your local listings prices.
4. Closings Much Faster Everyone part of the transaction will want to complete the transaction before the year ends. Buyers want to settle in their brand new home, lenders want to include the loan on the year list of loans. Everyone is motivated to close the deal around this time of year. Everyone that is motivated during the closing process closes the deal smoothly as possible, but also do your part when it comes to paperwork.
5. There Are Better Interest Rates Rates are still in the lows. The average rate on a 30-year fit mortgage has been under 4% for most of the year, and they keep going down as we enter the holiday season.
6. Motivated Agent The less activity there is in the housing market the more real estate agents deal with fewer clients. Agents are much more motivated in this kind of situations, with fewer sales commissions available, the purchase will have to come to a completion soon.
7. Related Seasonal Sales with many home furniture on sale during the holidays there are plenty reasons to consider buying your own home. There is no doubt about it by next year your home will have the best holiday decorations around the neighborhood.

These tips don’t always happen every year or in every market, but keep in mind that the holidays usually provide advantages for upcoming home buyers. Check out our listings and see if you can find the home of your dreams and get started. What a best way to start a New Year with a NEW home.

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