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Spring is traditionally the busiest time of year for buying and selling real estate. But, according to Sara Max, writing for Money.com, if you want to get the best deal and avoid a bidding war, the cold weather months are a great time to search for and buy a home.
Erik Martin, writing for MortgageReport.com, notes that mortgage loan rates may rise throughout 2017. So, now may be a great time to lock in a rate before the increase.
The National Association of Realtors suggests that the colder months are also a great time to see exactly how a home weathers the winter cold. You can note how the heating system is functioning, identify drafts, and check fireplaces and other home essentials that may not be obvious in the summer. In addition, winter is a good time to notice how homeowner’s in the neighborhood care for snow-covered sidewalks, how the township plows snow-covered streets – and if kids in the neighborhood come out to play in the snow.
Although the weather may be frightful, don’t be afraid to venture out and snag a good deal. Need help? Call the the Vanguard Realty Associates team. We’ll hitch up the sleigh and treat you to a winter wonderland of beautiful possibilities!