To maximize your home buying experience this fall/winter there are a couple things you should know. The first and most important thing is to become familiar with the market. Your real estate agent should be able to guide you through this, and explain what you may already know in more detail.
Things you should be aware of:
market conditions
shortage of homes?
surplus of homes?
All of this is crucial in deciding the offer you submit.
Be aware that your selection may be limited. Although there are less homes on the market, that doesn't necessarily mean they are of less quality or any less desired. If the house has been lagging on the market for quite some time, you may have a great chance of acquiring it at an lower price than a peak season sale. It is more likely you will be able to negotiate a far better price, than if there were more competition. We all know what competition does...it drives the price UP.
For more tips on buying homes please visit www.GrandTraverseRealtor.com
Hope you have found this information helpful! If you have any further questions please do not hesitate to contact me.
Nikole
nikole@realestateone.com
231.620.0201
