Magazine articles and even some real estate and mortgage industry bloggers often talk about the spring home selling season and all the reasons why sellers should list and buyers should buy during that timeframe.
Because spring is traditionally a very active period for the real estate industry, some of this reasoning is valid. Some, however, is not and increasing numbers of smart home buyers are proving this every winter.
If you are convinced that you should wait for spring to purchase a home, the following five reasons just might have you considering an earlier start for your search.
Less Competition From Other Buyers
Since there are more buyers looking to purchase in the spring than in the fall and winter, those who deliberately shop for a home late in the year will be less likely to deal with multiple offer situations.
By avoiding competition with other bidders for the same home, buyers can lessen the risk of being involved in a bidding war that could force them to consider paying more than fair market price for the home they want.
Sellers With More Motivation
Home owners who are selling during the winter are usually doing so for a specific reason, such as needing to relocate or because they need to quickly find a larger home for a growing family. In addition to motivations like this, sellers also understand that they may see fewer buyers during the fall or winter season than they might...
The home-buying process can be a stressful and overwhelming one, rife with paperwork and searches, and filled with days and weeks and sometimes months of searching that eventually—hopefully—cumulate in the purchase of a home. If you're one of the many people thinking about buying a new home, here are some steps to prepare yourself.
Preparing in the months before your home purchase can help increase the chances that you get the property you want, be it in Georgetown or elsewhere. Follow these tips to separate yourself from the competition:
Attend Open Houses
Many people do their real estate research by combing through listings online, but seeing homes in person can make a big difference. Open houses are an important reality check for home buyers. These events also present opportunities for home buyers to meet and ask questions of real estate agents and home sellers. Attend open houses before you even fully begin searching to give your home search focus and direction.
After each open house, take time to drive around each neighborhood looking for eateries and conveniences like grocery stores and gas stations. Doing this kind of research will help you zero in on the neighborhoods where you'd like to focus your attention.
Know Your Priorities...
Curb appeal is a valuable part of staging a home to appeal to buyers, as the front yard is the first thing a buyer sees when they approach a house. A poorly maintained or unappealing front yard can deter buyers by giving them the impression that the home isn't well maintained by the owner and possibly in a state of disrepair. On the other hand, a vibrant, well maintained yard can attract buyers with a clean look that excites them and encourages them to see the rest of the house. Here are a few common trouble areas where home curb appeal improvements can be made.
The curb isn’t the first thing that buyers see, but it is the first aspect of the property they will see up close. Take the time to get it in hand: Repair cracked concrete; make sure that the mailbox is in excellent condition and has no chips, dents, or rust. Be sure to confirm that the house number is easy to see from the street, as buyers are less likely to scope out an address, with good curbside appeal or otherwise, if they can’t find it.
Sellers might think that buyers will barely see the driveway, but if it looks bad, it might be the only thing they see. Driveways often show buyers how the current owners treat the home, especially the parts that do not matter as much. A driveway with cracks and stains gives an impression of disrepair to viewers, and it can serve as a deterrent to potential buyers. Even a great...