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What Are the 7 Best Things About Buying a Home in the Fall?
What are the seven best things about buying a home in the fall?
1. There is less competition. A lot of sellers consider the fall and winter the off-season in real estate, so they take their homes off the market and wait until spring. This causes inventory to decrease, so you’ll face less competition from other buyers when looking for a house.
2. Sellers are worn out. Some of them may have homes that have been on the market as far back as the spring or summer and still haven’t sold. Because of this, they’re more motivated to sell and may consider a lower offer or better terms.
3. Sellers are serious. Not all sellers have homes that have been on the market for a while, but some may need to sell quickly because they may have another house being built that they need to move in to.
4. You can take advantage of tax breaks. If you close in November or December, you can take advantage of a mortgage interest deduction and a property tax deduction.
5. Fall is a safer time of year. There is such a thing as “burglar season,” which occurs in July and August. If you wait until fall to buy, you can learn a lot more about your prospective neighborhood’s crime statistics and facts.
6. You are the center of attention. In the busier spring and summer months, you might not get an agent’s full attention. In the fall, though, most agents can devote their full attention to one buyer and make sure they get what they need.
"As a buyer, you can be the center of attention in the fall."
7. You can take advantage of the end-of-the-year sales. Once you buy your house, you’ll need appliances, furniture, and other things to fill it out and furnish it. During the end of the year, many stores offer sales on these products to make room for new ones.
If you’d like to know more about the benefits of buying a home in the fall or you’re curious about what’s happening in our Kansas City market, don’t hesitate to reach out to me. I’d be happy to help you.