Three Reasons Why Buying a Home in the Fall Is a Good Idea

by carolinaone_marketing 15. September 2016 07:45


Are you looking to buy a home in Summerville, SC or elsewhere in the Lowcountry? It's not too late to get started. Although many prospective home buyers prefer to close in the summer before school starts, the truth is that fall is a great time to buy a home for those who can manage it – especially in an area with a warmer climate like the Lowcountry. You don't have to worry about snow or freezing rain later in the season as you would with other places. If you're on the fence on whether or not you should continue your search into the fall, here are several points to keep in mind:

 

There's Less Competition: As mentioned above, fall is typically a bit slower than late spring and summer because many homebuyers want to get situated before the beginning of the season. This means that if you find a house that you fall in love with, you may have fewer buyers to compete with. Anyone who has participated in a bidding war over a house can understand the benefits here. However, always remember that quality is quality, and a really good home will sell quickly any time of the year.

 

Sellers Are More Serious and Looking to Make a Deal: In many cases, sellers will be more flexible if they're motivated to sell; if not, they may just wait until spring.  Those that are still in the market during the fall and winter months may be more willing to negotiate and work with you on repairs and closing costs. Easier negotiations make for a much more positive buying experience.

 

 

You Can Take Advantage of End of the Year Sales: In addition to there being less competition and more motivated sellers this time of the year, one of the biggest benefits of buying a home in the fall is that you can buy home goods on sale. Chances are that you will need some home goods; holiday sales may help alleviate those costs. In addition to that, you may be able to save money on other costs, like moving fees, as the demand isn't as high. After the down payment, closing costs, home inspection fees, and other financial requirements, it's best to save where you can. 

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Charleston Real Estate

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