Top Reasons to Buy Real Estate Over the Holidays

11 Reasons To be Buying Real Estate over the Holidays!

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1. There is little or no chance of multiple or competing offers for the buyer.
2. Buyers can expect better service from all service providers like the agents, banks, insurers etc. Most are not as busy this time of year.
3. Sellers are very motivated at this time of year if they're still trying to sell from summer or fall.
4. Sellers are willing to negotiate, especially if they've been on the market for some time now. Give and take.
5. Buyers can shop the expired listings market, which has the largest selection this time of the year.  Many home owners try and sell during the summer, and take they're home off the market in the winter.  When contacted, most of these sellers are still very interested in selling.  Which can turn out to be a great deal for the buyer.
6. Good time of year to make an offer and do the due diligence, buyers can move at their own pace, and have the flexibility to create a smooth closing.
7. Easier for sellers to find alternative housing, there is not as much pressure finding a rental vs. trying in  the really busy spring and summer season.
8. Perfect time for buyers to make contingent “Subject to the Sale” offers, and get them accepted and movement on the price.  This way coming into the new year, you can be in a great position.
9. Easier time for a buyer to move and find help and services like movers, cleaners, storage.  Most service providers are slower during December, which gives them the opportunity to give better quality service.
10. Better timing for buyers on completions with lawyers, banks land registry. Not that busy and they have time to attend to you now.
11. December generally has less competition for the same property from other buyers on the deals that pop up this time of year. Some people really need to sell, and this means you really need to buy!

If you're thinking of buying a home now, or in the future, or have questions regarding our real estate market, give me a call @ 250-864-3325 or send me and email to derekweatherhead@me.com!