What if your home no longer suits your needs, because it’s too big, or too small, or in the wrong part of town, or … well, there are all kinds of reasons you may want to move. Luckily, fall is a great time to buy a new house and make it into your cozy new home.
MOTIVATED SELLERS = MORE NEGOTIATING POWER
People who sell their homes in fall and winter are often in a hurry to make a sale. They want to be settled before the holidays come, or they want to get a tax break* for this year rather than next year, or they have a new job and they need to relocate. These sellers are looking to close the sale as quickly and smoothly as possible.
When you buy in fall, the combination of motivated sellers and fewer other homebuyers competing with you for available homes means more negotiating power in your hands, which often results in a better deal. This could mean a lower sales price, seller-paid repairs or upgrades, and even seller-paid closing costs.
Buying a home in the fall gives you the best of all worlds — lower prices and less competition but still enough inventory to find the home you want.
If you’re serious about buying a home, doing so this fall may save you money or help you afford more than you expect.
We are not a tax advisory firm. Consult your tax advisor or the IRS for current tax year rules, restrictions, and regulations.
Posted from VibrantLiving Newsletter – https://www.vibrantlivingnewsletter.com
This article is for information purposes only and is not an advertisement to extend customer credit as defined by Section 12 CFR 1026.2 Regulation Z. Program rates, terms and conditions are subject to change at any time.
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