The Benefits of Purchasing a Home in The Winter

Illustrated Fireworks New Year Social Media

Michigan winters can be brutal! The cold weather and snowy conditions make everyone want to stay inside and cozy up next to a fire. Needless to say, looking for a house isn’t typically on the winter activity list.

Traditionally, spring and summer are the prime times to purchase, but new studies show that winter can be a great time to buy as well.

Here are a few reasons why:

Less Competition

You can bet that there are a lot of people not willing to go house looking in the dead of winter. Use that to your advantage by getting in contact with an agent and taking a few house tours. Fewer people mean less competition for your dream home. The low demand will work in your favor because you don’t have to worry about outbidding anyone.

Motivated Sellers

If there is a home that goes for sale in the winter, more than likely, that seller REALLY wants to sell. This opens the door for negotiations! The seller may be willing to lower the price, discount closing cost, or even offer other incentives like appliances to be included with the home sale.

Motivated Realtors

Everything in the winter months slows down. That means realtors may have less clientele and can give you extra attention around this time of year. They are more willing to go to bat for you and work a little harder to get you the best deal possible!

 

Are you interested in purchasing a new home this winter? Contact our mortgage experts HERE!

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