As a gift to you this winter I am offering up a simple solution to not only save you heartaches but save you money too - Buy. When. It's. Cold
Here are the top reasons why buying this winter is a no-brainer.
Due to the housing market being busier in the warmer months, a lot of sellers will wait until then to list their homes. For this reason, many of the houses you find on the market in the winter months are being sold by motivated sellers who cannot wait until spring to sell. Whether this is because they are relocating for work, or because they have purchased another home that is closing in the winter, they simply cannot wait and are anxious to sell. What does this mean for buyers? Typically, this means sellers having to be more flexible and your agent will have a much easier time negotiating a better price and more favorable terms for you.
Since there are usually fewer homes listed in the winter, there are usually fewer buyers too. This is great news for buyers as it means less competition and a much less likely chance for you to get into a bidding war. Fewer buyers, of course, means fewer options for the seller. This often translates to the seller being more accommodating to buyers and more flexible during negotiations. Simply put, you will most likely get a much better price on your new home. (pro tip: the best time to buy is when you have a chance to negotiate 1 on 1 with a seller.)
IS YOUR HOME WINTER READY? When buyers view and purchase homes in the warmer months they are generally seeing the home looking it's very best. On the flip side, when you view a home in the winter (especially in New England) you are likely seeing it at its worst. This is great news for a buyer as it means you get to see first-hand how well the home functions in the colder months, before you actually own it. All of the major systems in a home are put to the test in the winter - plumbing, heating, roof, gutters - so it is a great time to make sure everything is working properly. Your home inspector will be detect issues in the home that otherwise would go unnoticed in the warmer months (drafty windows, heating issues, etc). Checking out the way in the winter could save you a lot of money if you are able to spot serious issues prior to purchase.
Please take advantage of these next few months and land the home of your dreams while keeping more money in your pocket. Check out the links below and start your search today!