Reasons To Buy A Home In The Winter

We are led to believe that the spring and summer months are the prime time for purchasing a home, but have you ever considered purchasing a home in the winter?

Here are a few reasons to prove that buying a home in the winter might just land you a better deal!

The Best Bargains

With low temperatures – home sellers are less likely to pack up their belongings, as well as fewer offers coming in on homes. It would be the perfect time to snag a deal as agents and sellers are trying to close as quickly as possible!

Less Competition 

There will definitely be less savvy potential buyers in the market during the winter, due to icy roads and pavements. If you’re willing to endure the weather conditions – you just might land yourself an amazing deal!

Negotiation

A sure sign that a seller is ready to sell their home and move on out is when they’re selling in the middle of winter. Whatever the circumstance may be, negotiating a selling price, closing cost or closing date are more likely to be open for negotiation!

Most Sellers Are Holding Off Until Spring

Sure, the market might not be as booming in the winter, but it might be the perfect time to find exactly what you’re looking for, with less competition!

Working One-On-One

Winter being the slower season, your agent will have more time to spend with you regarding your big upcoming purchase. Spring is a hectic time for all agents, so in the wintertime, you’ll be able to have their undivided attention!

Homes Are Less Appealing In Winter

Everyone knows how difficult it is to keep a home looking sparkling and beautiful during the winter. There’s snow, mud, ice and salt to name a few that can make homes less appealing. However, you could use this to negotiate a better price, not to mention, the less appealing to buyers, the less offers a home will get, meaning yours could be at the top of the list!!

Mortgage Rates

You want the best mortgage rate possible so it’s always best to speak with a mortgage broker before the prices go up in the new year. Let the low supply and demand work in your favour – Don’t be left scrambling and bidding come the springtime.

Article Source: HGTV

Are You Looking For Your Forever Home? Let Sutton Help You!

We Have Agents Eager To Answer All Of Your Questions, And Get You The Best Deal In The Market!

Call Sutton Group Realty Systems Inc., Brokreage

416-896-3333 / 905-896-3333

www.SuttonRealty.com

Spring Tips For Buyers & Sellers In Real Estate!

The busy season in real estate is upon us… Spring!

What are a few key tips in either buying or selling your home this season?

For starters, open houses and for sale signs are always a great option. It’s a good time for sellers to typically charge more due to the amount of interest from buyers during this busy time of year.

This February was one of the slowest in terms of sales in Canada. According to a national survey, 50% of Canadians say they think spring is the best time to sell a home. Less than have say it’s the best time to be a buyer in the market. 11% said they want to buy a hope this spring, and only 8% said they plan to sell. It’s always important to consider curb appeal!

Remember, first impressions are everything in this business. So make sure you de-clutter, clean, and apply a nice fresh coat of paint if you plan on selling your home this spring!

Buyers just may have the upper hand this spring, so the best thing you can do as a potential buyer is to ask a lot of questions early on. It’s important to know what to expect during this process. Not to mention, find a realtor who knows your market! We can’t stress enough how important it is to have a communicative relationship with your realtor, so they can guide you through your search and ensure you are connected to the right experts along the way – whether that be mortgage brokers, lawyers or home inspectors.

Call us today to speak with one of our fabulous agents! We will be happy to connect you with the perfect fit for your buying or selling needs.

Sutton Group Realty Systems Inc., Brokerage

416-896-3333 or 905-896-3333

www.SuttonRealty.com