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10 Inside Tips For Serious Home Buyers In The Game Right Now

“Neither snow nor rain nor heat nor gloom of night….” goes the postal creed. Serious Wilmington NC home buyers can live by the same mantra. Winter may slow down some home buyers (and sellers), but serious sellers and buyers continue to make deals to successfully transfer homes year ’round.

The home buying game goes on all throughout the winter months, and the selling side is ready and poised for action. Local sellers are motivated right now to move on to their next homes and are eager to engage with interested local buyers — no matter the season on the calendar or what the weather does.

Are you ready to score a home? Home buying moves aren’t complex if you have great coaching from real estate professionals like us. We can help you play the right strategy that will win you a home during the winter months. Here’s why. This time of year, you’ll have fewer buyers to compete with, less pressure to buy quickly, greater overall savings, stellar homes to view, faster closings and end-of-year tax benefits that all add up to a great final score. After you “win” your home, you’ll be able to look forward to the warmer months when you can enjoy it with friends and family!

Keep reading to discover 10 top reasons why right now is a great time to get off the sidelines and reach your goal to buy a home!

1. Less Competition. Think about it: How many people are out looking at homes during the winter and the busy holiday season? Buyers this time of year are usually those who absolutely need to make a move. Therefore, there is often less competition and fewer chances of a bidding war occurring than during the hyper-active selling/buying seasons of spring and summer.

2. Better Deals. With less competition, sellers are likely to consider your offer more seriously — because they’re seeing fewer buyers. Those same sellers are serious sellers that need to sell their home now. As a result, you might be able to negotiate a better price or terms than at other times of the year. With fewer buyers shopping, select home prices may be lower to attract a sale. The typical trend is for home prices to be at the lowest point of the year in December.

3. Overall Savings. Besides a lower home price, you may pay less for moving and repair services since winter is not prime moving time and contractors also aren’t as busy as during warmer months.

4. Interest-Rate Break. Mortgage interest rates are sometimes lower in winter than in spring when demand can push rates higher. You can increase your buying power when mortgage costs are lower.

5. Easy On The Eyes. Sellers often have their homes looking their best during the winter when more family gatherings, holiday celebrations, big meals and increased at-home entertaining takes place. Sellers’ homes are shining for their holiday and seasonal activities, and their homes are sparkling clean and showcased for your viewing pleasure.

6. Quick Closing. Because winter months have fewer home sales, your mortgage lender might not be as booked, resulting in a quicker closing/settlement — helping you and your seller move on and get settled without a lot of thumb-twiddling.

7. Tax Benefits. Closing/settling on your home by the end of the calendar year could help your tax situation. Various settlement charges may be claimed on this year’s tax return as deductions that can lower your federal tax bill. Sellers may also be anxious to sell and take advantage of their own tax benefits during the current tax year.

8. No Pressure. If you’re a first-time buyer or renter, relish the fact that you have a completely flexible schedule to purchase a new home. You don’t have to make rash decisions based on selling your existing home and needing to find a new one quickly. Winter is a great time to look leisurely at homes and make a solid decision based on your schedule alone.

9. ‘Tis The Season. With winter holidays upon us, many people are in a better mood than during other times of the year. Sellers who are motivated and enjoying or looking forward to holiday festivities can be easier to work with, more responsive and more open to negotiations, especially if their buyer is open to closing after the holidays.

10. Local Experts. We know that every neighborhood is different. Let us help you find a home during this winter season — or any time — and show you what makes our area great to live in. Contact us at any time and we’ll help you secure a home that meets your needs and finances.

The same goes for Selling Your Home, your competition is lower as well.  Call us with any questions.

Categories: Buy a Vacation home, Buying Wilmington NC real estate, Relocation Wilmington NC, Selling your home, Top Ten Buyer Tips, wilmington nc relocation, Wrightsville Beach NC

Make It SMOOTH: A Dozen Ways To Plan The Perfect Relocation

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Whether it’s a move across the country or across town, the whole process can either go smoothly or have the overtones of a major life crisis. We’ve been on hand during transferee moves for some time and have come to the conclusion the “little things” make the difference between a smooth move and chaotic one. The secret is in the details that go beyond the usual common-sense procedures of getting belongings from one place to another.

 

You’ll have a better chance of a trouble-free move if you become familiar with our 12 tips to a smooth move.

1. Expect stress.

First and foremost, you should expect a certain amount of stress and be as patient as possible — with yourself and everyone else. When a whole family remembers to listen carefully and respond thoughtfully, things are easier for all concerned. {short description of image}

2. Fix up and toss out.

When a home is up for sale, the chore of clearing out clutter (for showing the house) can be combined with sorting and packing. Even if professional packers are scheduled to do the big packing job, time is saved at the destination when you personally box many items (off-season clothes, for example).

3. Keep a moving book.

Having a personal moving book (a 3-ring binder plus pocket dividers) helps keep details in their place: checklists, daily reminders, mover information, and, especially, lists of what’s where. (One of the most frustrating aspects of moving is not being able to find things that have been shuffled from here to there.)

4. Plan for pets.

Pets need to be planned for as much as any other family members. Change is stressful for animals too. Traveling arrangements should be made early (including necessary shots, certificates, etc.), especially if the pet is to travel by public transportation.

5.Print change notices.

As soon as a home is sold, notices should be sent to alert utility and other services of cancellation dates, to transfer bank accounts and medical records, and to avoid annoying gaps in subscriptions.

6. Return and collect things.

Returning borrowed things (library books, friends’ belongings, etc.) should be on your move-out checklist, as well as a reminder to collect things — from safe deposit boxes, the cleaners, storage places, repair shops, friends’ homes.

7. Carry valuables.

It’s often safer to carry jewelry, birth certificates and other valuables personally rather than trust them to movers or the mail. School records and proof of vaccinations also have a better chance of prompt arrival if they are conveyed personally rather than left for transfer to busy school and medical offices.

8 .Do the phones early.

If possible, phone service should be installed before arrival, and floors and walls that need refurbishing in the new home should be attended to before moving in, avoiding having to move things around after getting semi-settled.

9. Pack a survival kit.

Packing a survival package takes care of all those small family needs at the new home on the first day: light bulbs, a flashlight, tissues, trash bags, children’s toys, pillows, blankets, saucepans, canned food, paper plates, powdered drinks, plastic cups, a radio, a telephone, a hammer and screwdriver, etc.

10. Make tags and licenses a priority.

Remembering to get car registrations helps avoid fines, and transferring drivers’ licenses on time saves having to take new road tests.

11. Schedule extra time.

It’s wise, if possible, to allow plenty of time to recover, to unpack and settle in. A few days of dining out helps. After all, a home isn’t built in a day.

12. Last word.

A prime reminder: Throughout the move, you can rely on your real estate and relocation specialists on each end of the move to help the relocation go smoothly.

Categories: Relocation Wilmington NC, wilmington nc real estate, wilmington nc relocation, wilmington real estate stats, Wrightsville Beach NC


Kay Baker Associates | 1001 Military Cutoff | Ste 101 Wilmington, NC 28405 | kaybakerassociates@ec.rr.com | 910-202-3607 | Fax 910-338-2428

Copyright © 2017 Wilmington NC Real Estate Guide. All rights reserved. Disclaimer: All content on this blog is my own opinion and should not be treated as fact or relied upon when purchasing or selling real estate.