You’ve heard that buying a home in the winter is the way to go, right? Well, that’s true in most cases but you also don’t want to make any mistakes. Just like any other time of the year, you are capable of making a mistake when buying a home. Buying in the winter can cost you big time if you don’t take the time to do your research and make sure that you are prepared to make a home purchase.
Mistakes to avoid when buying a home in the winter:
- Racking up holiday credit card debt.
- Basing your future home’s looks on how it looks in the winter.
- Offending the seller.
Racking up holiday credit card debt.
Buying a home in the winter may work out in your favor, but before you buy you must be pre-approved. Based on your holiday spending and how many times you swiped your credit card, your bank could have problems getting you pre-approved for the needed amount. It is important that you don’t have a higher debt-to-income ratio. If you are planning to buy a home, it may be best to pay for your Christmas gifts in cash.
Basing your future home’s looks on how it looks in the winter.
When you see a home in the winter, you are usually seeing a home in it’s worst state. With no grass, dead plants, and overgrown landscaping to tend to, it may seem like a home needs more work outside than it may need. Don’t judge a home based on things that the winter weather brings to every home. The change in weather and a little sunshine can change the drab to fab in a matter of a season.
Offending the seller.
Like any other time of year, it is possible to offend the seller. Walking in expecting a deal or low balling an offer are two surefire ways to offend the seller of the home you are wanting to purchase. Doing so, can also prevent you from putting up a counteroffer and cut you out of the race completely. Always be respectful and think of how you would feel in a similar situation.
If you are ready to buy your next home, be sure to contact us today! We are here to make your transitions as seamless as possible. When you work with an experienced realtor you are getting assistance that will save you time and money in the long run.
