Have a new home on your wish list this year? Don’t want to wait until the new year?
Here are some tips for purchasing a home during the holiday season.
For many home buyers, the home buying process feels even more daunting during the holiday season; however, in some cases the pros outweigh the cons. For example, there is generally less competition for buyers even though there is less inventory and sellers are just as motivated to get the sale done before the end of the year to take advantage of the tax benefits. If this sounds appealing for you as a home buyer, keep these tips in mind as you navigate the process during the holiday season.
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Buying a home on your own is a daunting endeavor at any time of the year but even more so during the holiday season. Be sure to work with a dedicated team that is willing to be there for you during this busy season. Their level of dedication will go a long way to ensuring that your home purchase is timely and accurate (no missing details!).
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Speed is one of the key factors in buying a home during the holiday season. Therefore, it’ important that you know ahead of time what you want. Have a clear focus so you don’t waste time on any homes that aren’t what you really want. This also means be sure all of your financing documentation is up to date!
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If you’re able to purchase a home with a cash offer, you’re in great shape for buying a home during the holidays. For everyone else, make sure you have a recent pre-approval that includes credit checks. Let your lender know that you’re looking to purchase quickly so that way they have all of the documentation ready to go as soon as you go under contract.
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It’s the holidays, which means you’re probably spending more than you usually do throughout the year. Be mindful of your holiday spending as you have to make sure no large purchases or excessive spending will hinder your home purchase.
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With the quick turnaround time you’ll want to be ready to move as soon as possible. That means plan ahead, start packing earlier, research movers and trucks way in advance, etc. Check out our Ultimate Moving Guide to help you through this process!
One thing not mentioned above is the possibility of purchasing New Construction during the holiday season. As we get closer to the end of the year, some builders will have incentives to make purchasing a newly built home a real possibility for some buyers. Ask us about these types of opportunities and more!
If you every have any questions or concerns about buying a house during the holiday season, our team is here for you!
Use the form below to get in touch with us today!