Buying a House During the Holidays
· Less Competitive – A buyer in the market for a new house will have less competition during the holidays, so finding a house may be a little easier
· Motivated Sellers- If a seller needs to close before the year is out, or a builder is looking to unload inventory, there may be some added benefits. The builder may offer incentives to close sooner or seller be more negotiable on the price. Let’s talk if you want to discuss the different options.
· Décor - The holiday décor adds a festive spark to the home tour. While you don’t want to be too caught up in emotions, it adds a little festive touch and can give you ideas.
· Interest Rates- While there is no guarantee, rates can improve during the holiday season. Check with your local mortgage lender for specifics.
· Tax Benefits – You may find some tax write-offs if you close on your home before the end of the year. Check with your tax professional to see how you can benefit.
· Scheduling – while moving can be a busy time, work schedules may better align with moving during the holidays and school schedules as well.
Homebuying, why location is important!
Wake County conducts a reassessment of real estate property every four years, and you will receive a letter from the county.
It is important to keep a pulse on the current market situation, keep up with a strong list of vendors.
You first call should be to your trusted Real Estate Agent. If you have a lender, you could also call them to get a prequalification letter.
There are varying opinions out there, but below are 4 considerations of how to handle your new home.
Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact me today.