Has the Holiday Season stopped your Home Buying Momentum????
Don't miss out on what could be the best time to find your dream home!!
Top 5 reasons for Buying your home right NOW!!
Reason #5 - INVENTORY
There are currently quite a few homes on the market that were listed toward the end of the summer that are set to expire soon. This gives you some negotiating power when it comes to writing an offer. Often times these sellers are highly motivated
(although this is not always the case) and more open to try and work with ALL offers rather than discard the ones that don't reflect asking price.
Reason #4 - HOLIDAY HICCUPS
This is the time of year most buyers stop looking to buy, whether it be they are too busy or feel it is an intrusion on sellers during the holidays, I'm not quite sure but again this is an advantage to those buyers who are willing to look during this time of year. Sellers are starting to see a decline in showing requests and in the numbers of attendees at open houses. Again this tips the scale in your favor when it comes to negotiating.
Reason #3 - Finding the Possible Flaws
Although it is not as crucial in California as it was in my home state of Wisconsin, it is still
important to view a home during different weather conditions to find possible problems in mechanical components as well as the structure of a property. Although rain in the Inland Empire (especially in times of a drought) is not that common, it is important when buying a home to view it in as many different weather conditions as possible. Drainage and grading can be big issues when the rain finally does come and although a home inspection should uncover any issues, nothing is better than seeing it first hand. So although it may be tempting when the rain comes to stay inside and cover up under a blanket......this is the perfect time to get out and view that home you are ready to pull the trigger on. You'll thank me later!
Reason #2 - More Personalized Attention
With the end of the year fast approaching lenders as well as escrow offices are more diligent than ever to meet deadlines and close transactions before the end of the year. There are fewer transactions closing around this time so it also increases your transaction's importance. Bottom line, with fewer transactions to close there is more attention paid to each and every escrow opened and a greater incentive to get those transactions closed.
AND NOW THE ONE YOU'VE ALL BEEN WAITING FOR!!!
Reason #1 - Schools
Now I get this doesn't apply to everybody, but for those buyers who have children one of the biggest issues becomes school district lines. If you are looking to buy a home outside of your child's school district, this is the PERFECT time to start seriously looking. This
could mean the difference between getting your child in the correct school at the beginning of the semester versus having to change schools mid-stream. I say this as a parent who has had to go through this. My daughter's school wouldn't allow me to register her until escrow was CLOSED and required the escrow documents to do so. So for those of you with children still in school, looking to get settled before the new semester, I say ACT NOW if you can.
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