Winter is not traditionally thought of as a Waltham home-buying season. It's cold, people don’t want to move, and the holidays keep everyone busy. Those all may seem like reasons not to buy a home during the winter, but they’re actually reasons that describe exactly why winter is the best time!
Advantages of Buying a Home In The Winter
1. Less Competition
With fewer people looking to buy in the winter you’ll face less competition from other people looking to buy. This means less risk of getting into a bidding war or losing your dream home to someone with a bigger budget. You also won’t feel so pressured to make your choice to buy right away because chances are, the home will still be for sale if you need a few days to think about it.
2. Lower Prices
Since there are fewer people looking to buy a home, you’ll be able to enjoy lower prices from Waltham homeowners who don’t want to wait until spring for their home to sell. Everyone loves a good bargain, especially on a home you’ll live in for years to come!
3. Quicker Processing Times
Lenders and Waltham Realtors are all less busy this time of year. This will allow your paperwork to process faster and things like credit approval or home inspections will get done quickly and efficiently. It doesn’t hurt that people tend to just be a little nicer around the holidays! Your customer service experience will be better overall than if you tried to purchase during peak season.
4. Less Time Spent Negotiating
With sellers anxious to sell, you’ll likely spend less time negotiating. The negotiations you do make will be processed faster too since fewer offers are being put in for the home.
5. See How a Home Handles the Cold
Cold weather can quickly reveal weak spots in a home. Instead of buying a home in the summer only to find out there are some major issues when the cold hits, buy your home when it’s already cold so you know what to expect!
All of these advantages can add up to some serious savings for you, both in time and in money! There’s no harm in talking to a Realtor and looking at a few houses. Who knows, maybe you’ll go into the new year with a new home that you love! There’s no better type of fresh start than a new house.