7 Reasons to Buy a House in the Winter

When you are looking to buy a home, you may find that people often list their home in the spring or summer. However, once winter hits and you are still looking, you should not feel as if you cannot buy in the winter. In fact, there are several people who prefer to buy in the winter! Why is this? Find out!

You are not Having to Compete too Much for a Home

During the prime buying months in the spring and summer, it is not unheard of for buyers to find a home they love only to be later disappointed because there are so many offers on the table it goes out of their budget. In the winter, not as many people are buying, thus you may find that you can buy your dream home for under the list price.

Prices are Often Lower

Since sellers know that they are not going to have a slew of buyers coming to their home, they are often willing to lower the price of their home just to get it sold. This is especially true if they are needing to sell the home for personal reasons or if they have already purchased another home.

Your Real Estate Agent May Be More Available

Since many people are not buying during this time of the year, your real estate agent will often be more available and easier to get in touch with since they do not have as many clients. This can be great for those who want someone to walk with them in every step of the process.

Sellers are Often More Motivated

For whatever reason, once winter rolls around and sellers still have their homes on the market, they are more motivated to sell. This could mean a price cut or even the seller paying the closing costs for you in order to sell the home.

Faster Closing Time

A lot of people are surprised at how long it can take to close on a home when they are buying during the peak season. However, during the winter, lenders are often less busy, and your paperwork is at the top of the stack to complete.

You Often get a Better Picture of the Home that You are Buying

During the winter time, you often get a better picture of the home that you are buying. For example, when walking into a home in the winter you can tell if the home is drafty, how often the heat is running to signal whether the HVAC system is good or not, along with other elements. It may mean that you make a better decision on which home to buy.

The Whole Process is Often Faster

Looking for a home means waiting for at time that is convenient for the sellers to look at the home, getting with your real estate agent, getting the paperwork pushed through and the like. When you do this in the winter time, since sellers are motivated, you will find that the entire process can be over and done with much faster than if you were buying in the peak season.

Whether you’re looking to buy or sell in the Kamloops area, for a greater probability of success you need a dedicated professional. I can guide you through the process and be counted on to protect your investment!

Categorised in: Buyers, Kamloops, Real Estate

This post was written by kamloopshomesearchcom