Fall is a beautiful time in Western Maryland –the leaves are changing, and the weather is crisp, but still remarkably beautiful.
It’s also a perfectly good time to buy a new home!
Spring is notoriously the season Realtors recommend starting the process and, while we agree that it remains a good time, we’d like you to understand why you should buy a home in fall if you’re in the market for a new one!
5 Reasons You Should Buy A Home in Fall
There is Less Competition
Because everyone tends to heed the “spring is the selling season” rule, there tend to be fewer buyers attempting to buy a home in fall. If you’re not rushed, you’re less likely to get caught up in a bidding war or worry about the house you want slipping through your fingers. You will have time to truly weigh your options or negotiate during the fall season when fewer buyers are on the prowl.
Sellers May be More Eager
They want to get out and into their new spaces before the holidays so they may be more eager to move quickly to closing to make that happen. Also, for those who have been sitting on the market since summer, seller exhaustion is likely to have set in making them ready and willing to entertain all offers.
You Can Snap Up Some Sales
Not necessarily when it comes to the actual purchase of your home, but when it comes time to furnish it and outfit it with new appliances. The time between Black Friday and the new year is a great time to invest in some great new items for your beautiful new space.
Your Tax Situation Could Improve
Since mortgage interest and property taxes are deductible, if you buy a home in fall and snap something up before the year ends, you could be looking at quite a nice tax break come tax season.
You Can Take Your Time
And so can your Realtor and the other service providers involved in the home purchase process. They won’t be as swamped by the summer rush and you won’t be battling among so many others vying for the same time or properties. That means everyone can take a beat and devote more time to making your experience as smooth and efficient as possible.
Want to buy or sell a home right now? Contact Troyce Gatewood & Partners to help get the ball rolling!