Why Buying or Selling a House During the Busy Holiday Season is Actually A Great Idea The holidays are a time for new beginnings, new traditions, new memories. And while it may seem to be an imposing task to buy or sell a house during this exciting season of new opportunities, it may actually be a great idea! I'm an Eastern Tennessee-based realtor and I'll tell you why.
If you're buying a home during the holidays When you buy a new home during the holidays, your new house becomes part of those new traditions and memories. And when it comes time to sell that new home years later, those holiday decorations will bring back sweet recollections from many happy family gatherings! Your buyer is sure to pay extra for such an inspiring backdrop to their own special memories (and new traditions) with their new family.
If you're selling a home during the holidays When you sell a home during the holidays, your buyer gets more than just shelter from the winter elements and protection in bad weather; they get an extra dose of holiday spirit! And who doesn't want that when it comes time to celebrate all those special times with friends and family throughout these next few months? It's the perfect gift for new homeowners to unwrap. So while it may seem like an imposing task, think of all that you gain when you plan your move (or purchase) during this festive time of year. Strategies for buying a home during the holidays
If you're new to home-buying but don't know where start, consider working with an experienced realtor. A real estate agent is knowledgeable about helping new buyers find homes that fit their unique needs while making sure they are satisfied throughout every step of this exciting new experience. And many realtors will offer a free consultation so you can ask all your questions and have some holiday fun, too. Once you have a real estate agent, here's what you should do when you're thinking about buying a home:
If you're new to home-buying, get pre-approved for a mortgage.
Know your price range before shopping so that when the perfect house comes on the market or goes up for sale, you can act quickly and confidently.
Visit open houses in holiday neighborhoods since this is where you'll be living after all! Think about new homebuyers who are new to the neighborhood and also new to holiday decorating.
Once you have found a new home that suits both your lifestyle and budget, schedule an appointment with an inspector before making any kind of offer. If there are any repairs that need to be made, you can negotiate with the sellers before closing.
And don't forget about all those new holiday traditions and memories you'll create in your new home! From Thanksgiving dinners to Christmas decorations, this special time of year is a perfect backdrop for new homeowners starting fresh somewhere new.
Strategies for selling a home during the holidays If you're new to home-selling, consider working with an experienced realtor like me. A real estate agent can help sellers get their homes ready for sale while making sure they are satisfied throughout every step of this exciting new experience. Take advantage of free consultations so you can ask all of your questions. Once you have a real estate agent, here's what you should do when it comes time to start thinking about selling your new home:
Clean your new home from top to bottom. A clean new house is a happy new buyer.
Make any repairs that are needed before putting the new house on the market or up for sale.
When it comes time to put your new home on the market, don't be afraid of having open houses with holiday décor out front.
Set a competitive asking price for your new home. This will help with how quickly it sells and what offers you receive.
Advantages of buying a house during the holidays Here are some of the advantages of buying a house during the holidays:
Less competition from other home buyers. This means there's more room for negotiation on the price of a house.
Finding a new home that fits both your lifestyle and budget is easier in a slow selling season because you have more time to look at homes and to plan new homebuyers' new life in their new holiday house.
There are tax advantages to new home ownership. New homeowners can deduct mortgage interest and property taxes from their income taxes, allowing them to save more money throughout the year.
Buying new home gives new owners a reason to celebrate, and who doesn't love that?
Interest rates are generally lower during the holiday season.
New home ownership is a good investment with long term appreciation, making it easier to sell after you're ready to buy again in the future.
You can find new homes that are decorated for the holidays, which can be fun and festive to new buyers who want to start new holiday traditions in their own new home.
New homeowners have more time off during this season so they'll actually have plenty of time to move into their new house. This means less stress about moving and new buyers can enjoy the holidays as new homeowners.
Faster closing. Lenders, brokers, realtors and inspectors are less busy during the holidays and more motivated to get something done before the end of the year.
Finding a new house during the slow selling seasons is much easier because you have more time to look at houses and compare prices, making new home ownership a great new holiday tradition.
Advantages of selling your house during the holiday season There are many advantages to selling your house during the holiday season:
The holidays is a festive time of year, so new buyers will be in a more positive mindset when they go out house hunting.
Your new home's asking price will likely get you offers above what an empty or sparsely decorated new home would achieve.
There is less competition when you put your new house on the market during a slow selling season.
New homeowners love new holiday memories and traditions, so there is a great chance that new buyers will be eager to close on your new home fast.
Less competition from new homebuyers means homeowners will likely get the price they want for their new house.
New buyers can take advantage of lower interest rates and closing costs during this slower selling season.
Tax savings when you sell your new holiday house in a slow selling season because you're more likely to be able to deduct mortgage interest and property taxes from your income taxes.
When you put your house on the market during the slow selling season, new buyers are more likely to move in before New Year's Eve.
Your new home will be less crowded with other holiday new homes on the market, which makes it easier for your house to stand out and get noticed by new buyers.
With fewer houses on the market during this festive time of year, there is more demand which makes new buyers more motivated to make offers quickly.
Contact me today If you're thinking of selling or buying a house this holiday season, contact me today to get started! It would be my pleasure to assist you with your real estate needs during this holiday season and throughout the year. Call (701) 412-4777 or email sheilaulku.agent@gmail.com.
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