If you have been thinking about looking for a home in Sedona, but wanted to wait until spring “because that’s when you’re supposed to buy a house,” it might be time to reconsider your plans. Winter is not the typical time to start looking for a home, but there are some distinct advantages. After reading the benefits of buying in winter, contact Brian & Cindy Real Estate for a family of realtors who are passionate about Sedona living and can’t wait to show you around.
There are Fewer Buyers
Because winter is commonly a downtime for home buyers, you might actually have less competition. This means if you are looking in a specific part of Sedona, there’s a good chance that the homes that are for sale will have fewer offers on them. Fewer offers means a smaller chance of a bidding war, leading to you purchasing a home at the price you were hoping for. While supply and demand is always part of the real estate market, when there is less demand, you are at an advantage.
You Could Get a Better Deal
Sellers don’t want their home to sit on the market any longer than it has to. A home that isn’t selling means that the owner is still paying on their mortgage and they could potentially be paying on a house that they are planning on moving into. In the winter, when offers could be scarce, they may be more likely to negotiate on the price of the home so that they can move out faster. When you work with an experienced realtor, the negotiating process can be smooth and fast.
View the Home in Winter
When you tour homes in the winter, it gives you a chance to see if there are any problems that would otherwise be missed in the spring or summer. The insulation for example, if you tour a home in the summer, you might not notice if it isn’t insulated well. In the winter, however, you may be able to feel drafts around windows or doors. During the inspection process, they may find issues that could also be missed in the spring or summer.
Sellers are often able to receive tax advantages when they sell the home that they would miss if they waited to tell in the spring. As the end of the year gets closer, the seller may be more willing to negotiate on price so they can benefit from tax advantages. However, don’t offer a price so low that the seller declines it and refuses to continue negotiating. Above all, you want a happy seller who will actually sell the home in the end.
Even though winter is full of holiday parties and searching for a home in the cold weather isn’t exactly appealing, benefiting from an easier and quicker process would definitely be a great Christmas present. Just be sure that you are working with an experienced realtor who can navigate the search and negotiating process.
If you have any questions about buying a home in winter, please give Brian & Cindy Real Estate a call today. Our professional team of realtors can’t wait to help you find your home in Sedona.