December gives you the unique yet perfect occasion to buy real estate. Not only can you pick up a bargain property from a motivated seller, you can save on your purchase expenses. As real estate investors, we’re always looking for our next best deal and shopping for properties in December is it.
Getting Down To The Reasons
1. Home shoppers put off looking for a home because of holiday decorating, shopping, and parties. Plus, the cold weather makes home buyers prefer to stay home; they wait for warm weather to buy real estate. Get the edge with little competition from other buyers.
2. Home sellers who didn’t sell during the recent buying frenzy are worried that their home will not sell. Almost any seller offering their home for sale during the holiday season is motivated, you just have to find the right ones.
3. Lenders threaten to tighten up qualifications next year. Last summer, loan officers were able to get through almost any loan. Today is your best shot to buy real estate and get a great rate with the easiest qualifications.
4. Appraisers need work. Too many individuals became real estate appraisers when there was too much work. It used to take a week or more to schedule an appraisal. Also, appraisal fees cost less today than last month.
Clear some time from your busy holiday schedule and go find a bargain house. Make many offers. You won’t get this break for possibly another year and who doesn’t love a good deal?