What’s your favorite season? Fall, with the crisp leaves and pumpkin spice lattes? Or maybe you prefer summer, with all those sunshiny days and barbecues. If you’ve been thinking about buying a home for the first time, or if it’s been awhile since you purchased your last property, winter might be the best time to buy! Why? Well there are many reasons why winter is the best season to purchase a new house. Whether you’re looking for an investment property or a cozy new home, we can help.
Here are some reasons why you should consider buying a home this winter.
Sellers are motivated—and willing to make a deal
Are you looking for a home in the near future? As a potential buyer, you may be wondering what kind of deal you can get on a house. There’s plenty of opportunity to get the home you want, but it is important to know your limits, while being prepared to be flexible on price or terms.
Remember that buying a home is one of the biggest decisions people make in their lives. Don’t let perfection stand in the way of getting the property you want.
Witness the Winter Durability of Homes
House hunting during the winter season gives you a chance to witness how your potential new home handles the harsh winter weather. Winterizing a home can be expensive and time consuming, and with so many other things to think about when buying a new home, dealing with unexpected issues in the winter is the last thing buyers need! Looking for a new house in the winter reduces your risk of being left in the cold.
Mortgage rates have been on a steady incline this year. However, it’s important to remember that these rates can fluctuate significantly from day to day and week to week. In order to get the best deals and think of buying a new home or refinancing your mortgage, it’s crucial to stay up-to-date on the latest rates and trends. Check out our tips about mortgages here.
Tips for Buying a Home in the Winter
If you’re in the market for a new home, winter may be the best time to buy. While inventory is typically lower in winter, there are still plenty of homes on the market. Here are some tips to ensure your set for buying a home this winter:
- Get pre-approved for a mortgage
- Find out about the property’s history and neighborhood
- Check your credit report to make sure there are no errors that could lower your score
- Evaluate your finances – can you afford to buy now or should you wait until later in life when you have more money saved up, like retirement savings
- Look at all of the costs associated with buying a home, including taxes, insurance, utilities, renovations needed before moving in
- Calculate how much house payments will be each month after taxes are taken out
Ready to Buy a Home in Winter?
If you’re looking to sell, buy, or invest this winter, our agents at Corbin & Co can help! Just like the harsh winter weather, the housing market can be unpredictable. Be sure to give us a call to ensure success in these changing times. Happy house hunting!