Buying Houses During The Holidays
Dec 25, 2022Introduction
The holidays are a wonderful time of year to be a homebuyer. With fewer buyers looking for homes on the market, buyers can get more for their money. So why not buy a new home or investment property during the holiday season? Here are three reasons to purchase a house in December:
Less Competition! there’s Fewer Buyers competing for Homes on the Market and Fewer People Looking for Those Homes
There are fewer homes on the market and fewer people looking for those homes. This means that sellers have more motivation to sell, which reduces the time it takes to close a deal and get your creative offers accepted.
Holiday Sellers Are Usually Motivated Sellers
Buyers, of course, like to think they're going to find a great deal on a house during the holidays because the seller is "motivated" to sell. The reality is that this isn't always true: some holiday sellers are willing to wait until after the holidays in order to get top dollar for their house; others just want out before their kids go back to school or before they leave on vacation themselves.
Get in touch with sellers easier and offer Faster Closing
When it comes to buying a home in the winter months, you’re far more likely to get a deal on your closing costs and/or interest rate. This is because there are typically fewer people looking for homes during this time of year. You can negotiate better terms with your lender and even get them to waive some closing costs if you have good credit and a reliable income source, everything is negotiable. We also find it a lot easier to get in touch with sellers during the holidays because a lot of them are on work vacation.
3 reasons to buy a home during the holidays
The holidays are a time to celebrate, relax and get together with family. But if you're in the market for a new home, the holidays may not be the best time to buy.
But not so fast! There are actually three solid reasons why buying a house during the holiday season could be your best bet:
- Fewer people looking for homes means more options for you.
- Motivated sellers make offers easier to negotiate.
- Easier to get in touch with sellers and you can Offer them Faster closing times which means less stress on everyone involved!
Conclusion
If you’re looking to buy a home, the holidays are a great time to do so. You’ll find fewer buyers in the market, and the sellers are usually motivated sellers. Holiday sellers are also more likely to accept your offer quickly than other times of year when they might have more options available and they’re easier to get a hold of.
So if you’re looking for a new place to live, flip or invest in, now is an excellent time!
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