5 expert reasons to buy a home in the fall
HAVE YOUR PICK OF THE PATCH THIS FALL
Although the spring months are said to be the best time to buy real estate, the fall may be the new ideal season to buy a home. Hear us out: traveling from home to home will require less AC, sweat, and tears.
Ok, ok. We are making a joke, but here are 5 true expert insights on why the fall may be the best time to buy your Chattanooga home:
There’s less competition. Much of the typical spring competition drops off in the fall because many people consider it to be "off-season." In many cases, there are just as much inventory as in the spring and summer. Additionally, sellers are motivated to sell their home before the holidays. This puts you in a prime position to negotiate and buy a home at the best price.
Sellers are worn-out. Those that put their homes on the market during prime selling times may have set a price a little higher than what buyers were willing to spend. After months of no action, these sellers are ready to make a deal.
Sellers are serious. Fall listings do NOT mean summer leftovers. Many people who put their home on the market are doing it because it just so happens to be the right time for them. These sellers mean business and are looking to negotiate in a timely manner.
You’re the center of attention. The spring and summer are typically very busy for the real estate industry. This means that Realtors, mortgage lenders, title companies, etc. have to spend a lot of time working many different deals. When buying a home in the fall, you are working with agents that can give you undivided attention.
You can take advantage of end-of-year sales to outfit your home. Just like in any case, there are bound to be improvements that you'll want to make after buying a house. Furniture, appliances, and more! Data shows that October means lawn mower sales and November holds many deals for appliances and cookware. So, while you're negotiating and getting the best deal on your new house, you can also save on all of the items that you'll need to make it feel like HOME.
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