Four Tips for Holiday Home Buyers

Four Tips for Holiday Home Buyers

Holiday Home Buyers – While the rest of the world focuses on party planning and buying gifts, savvy home buyers can sometimes find a good deal on a house a house for sale in Manhattan Beach. From Thanksgiving into the New Year, the number of Hermosa Beach home for sales traditionally dips as buyers direct their attention to the holidays and choose to postpone house hunting until the next year. The result? Fewer buyers mean less competition for serious home shoppers. Here at Kaminsky Real Estate Group offers four tips for those who are thinking about buying a home during the holidays.

1. Pay attention to prices

Buyers should be aware of prices and values in the neighborhoods where they are looking. Sellers who keep their homes listed for sale tend to be eager to start the New Year with a “Sold” sign, so buyers can anticipate either a lower asking price or a willingness to negotiate for a South Bay home for sale.

2. Look beyond the decorations

One potential drawback to shopping for a South Bay house for sale during the holidays is that homes may be decorated for the season, which can sometimes hide the true beauty of the home. To make sure your perception isn’t changed because of a tall Christmas tree or rearranged furniture, ask for photos of the property when it’s not decorated and take measurements of room sizes.

3. Holiday Home Buyers be aware of potential scheduling conflicts

Looking at homes and buying during the holiday season can be complicated by cold weather and busy personal schedules. Sometimes homeowners will decline more showings than normal due to holiday parties and events, and you may need to accommodate busy schedules with a home inspector and other professionals involved with your home purchase during the holidays. Some people in the South Bay real estate business also take vacations during this time of year because there are fewer transactions.

4. Do your mortgage loan paperwork early

End-of-year vacations and holiday can hinder the approval process, so make sure to get all your paperwork in early, choose your loan terms and stick to them. Mortgage rates are expected to rise next year, so it may be a good idea to lock in a rate and a loan program. In The closing date for a holiday purchase also may be this year or next year, which could have tax implications. So, it can be a good idea to consult with a tax professional before deciding when to close. Here are some tips for down payment deposit.

Are you looking to buy or sell a Real Estate in South Bay area?

Kaminsky Real Estate Group is the leading luxury residential sales and marketing agency Real Estate in the South Bay. Year after year Kaminsky Real Estate Group a South Bay Real Estate Agency, is recognized as one of the top Real Estate teams in America. Contact Ed Kaminsky Real Estate Expert today. Or you can contact our Kaminsky Real Estate Group office at 310.798.1277, or by visiting us at itzsold.com. Thank you!