While summer and spring are the traditional house-hunting seasons, buying a home during winter is an excellent move. The so-called “off-season” has incredible benefits for buyers, including less competition, motivated sellers, lower prices, and faster closing schedules. But buying a home, regardless of the season, is not easy, and buying a home during winter can be more challenging due to the weather elements. So, it’s vital to be keen to avoid having any regrets later.
Here are the dos and don’ts of buying a home during winter:
Do Explore All Your Options
You should shop around the real estate market before making any impulsive decisions. And while home selling can be a bit slow during winter, there’ll still be an array of home options to explore. So, do your research and consult your real estate agent to find a home that meets your criteria- you may even find a house with a feature you didn’t know you needed.
Do Keep an Open Mind
Touring a house when it’s cold outside allows you to see how well the furnace heats the home and how insulation and windows keep the cold out. But you’ll likely see the yard at its worst. The grass is either dead or covered in snow, the trees are bare, and there are no colorful blooms surrounding the house. But you shouldn’t overlook a good home due to its dreary exterior appearance. Instead, imagine how it’d look during spring, with flowers blooming and trees full of leaves.
Don’t Forgo a Buyers Real Estate Agent
The internet has made getting information on available homes for sale easier, prompting some buyers to go into the homebuying process solo. However, working with a real estate agent means you’ll have an expert to help you find listed homes easily, guide you through home inspection and appraisal, negotiate repairs on your behalf, handle the necessary paperwork, and expedite closing!
Don’t Lowball Your Offer Too Much
If you’re buying a home in the winter, you might want to target properties that have been on the market for a while since the seller may be more motivated to accept a lower offer. However, simply because the seller is eager doesn’t mean you dramatically lowball your offer (you can lose the house if you get cocky). Instead, work with a real estate agent to determine the best price to offer and a good negotiation strategy.
Ready to Buy a Home during Winter?
With these dos and don’ts, buying a home in the winter won’t feel so daunting. And if you’re ready to get the job done now, your next wise move is to find a skilled real estate agent. Our real estate pros have been helping our clients buy homes in the winter for years and would love to do the same for you. Call us now, and let’s help you get the best purchase and a quicker closing!