Best Time to Buy A New Home?

“What is the best time to buy a new home”? Well, to be honest it is a tough question to answer. It depends on your circumstances. For example, how badly you want to move into a new home? Are you switching a job that is taking you to a new location? Are you getting separated or divorced? Or are you simply buying because it is high time you should buy a new home and interest rates are favorable too?

Well, in this article we are mostly going to look at the ‘time of the year’ aspect. Considering you have a good credit score and you can easily afford a monthly mortgage, what time of the year is the best time to buy a new home?

Most people believe spring is an ideal time to sell or buy a house.  Property experts, however, have something else to share They believe that fall or winters may actually be the best time to buy a new home. The fact is home selling is a time-consuming process and putting one’s house on market requires a lot of effort. During winters, when most people are busy shopping and preparing for the festive season, you generally see home selling trend go down. No one has the time to market their home for potential buyers. And home showing is a serious business if you are looking for a profitable home buyer.

In that case, anyone planning to sell and market their home during the holidays means an exciting opportunity for you. While it is true that there would be a fewer choices as the inventory tends to typically decline around September with the biggest depression during the holidays, but you will have serious, motivated sellers who may be willing to sell it a relatively lower price. And why not spring? There will be more competition and higher prices.

In a nutshell, if you want the best deal and avoid a long, exhausting bidding negotiation, winter time is generally a more favorable time for home buyers. And don’t forget to enlist a professional real estate agent to help you find you suitable buyers.

Ready to buy?

You like a house and you are ready to sign the documents. But before you so that, watch out of there are any foundation problems. It could be anything from plumbing issues, faulty electrical systems, leaky roof and what not. If overlooked, you may end up spending more than you bargained for. Don’t get blinded by all the home staging. Get your property evaluated by a professional home inspector, who can look through any potential loopholes in the house with an expert eye.

Ready to move in?  

As much as you are excited to move in your new house, don’t overlook one of the most important aspects, the security of your new home. Call a professional residential locksmith in your area to do a quick assessment of the locks, doors, door frames and window locks. It is a good idea to either replace or rekey all the locks, especially those at the front doors and windows. It is also a good time to determine if you want to upgrade to a better, more secure lock system – such as high security locks.

Your friendly, local locksmith like Kyle Locksmith Co., is ready to help you with new lock installation, lock replacement or lock rekeying services. Call us at (512) 634-8090 t know more on how we can help you.