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6 Reasons Why You Should Buy Real Estate in December |
| Written by Webmaster, on Wednesday, March 03 2010 |
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December and New Year's Day give you the perfect occasion to buy real estate. Not only can you pick up a bargain property from a motivated seller, you can save on your purchase expenses.
1. Home shoppers put off looking for a home because of holiday decorating, shopping, and parties. Plus, the cold weather makes home buyers prefer to stay home; they wait for warm weather to buy real estate. Get the edge with little competition from other buyers.
2. Home sellers who didn't sell during the recent buying frenzy are worried that their home will not
sell. Any seller offering their home for sale during the holiday season is motivated.
3. Real estate agents need to keep their momentum going and can't afford to take too much time off.
When the agents aren't as busy, you get better service. Plus, they're more likely to take low offers
seriously. Agents love investors ready to buy real estate during December.
4. Interest rates continue to creep up. Who knows what the rates will rise to next year?
5. Lenders threaten to tighten up qualifications next year. Last summer, loan officers were able to get
through almost any loan.
Last update: Wednesday, March 03 2010
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