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Neighbor News

Shopping For a Home During the Holidays! Crazy Smart or Just Crazy?

Believe it or not, crazy smart! With some preparation and good time management, you can make this the best time of the year to buy a new home. First things first. If you plan to buy with a mortgage you MUST be pre approved! You need to know how much home you can afford before you ever start looking. 

As with most businesses, real estate tends to slow down over the holiday season.That also means that the mortgage business slows as well. That makes this the perfect time to apply for a mortgage.The requirements will remain the same as always but you have the chance of moving through the mortgage process quicker.

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The old rule of thumb was that sellers would take their homes off the market or severely reduce showings at this time of the year. Who wants to show their home with decorations up and presents under the tree? The good news is that sellers with their homes on the market during this time period tend to be "serious" sellers.They may have tax reasons or other motivations that might give you and your agent more room for negotiation.

Find out what's happening in Sarasotawith free, real-time updates from Patch.

There are also negatives to buying this time of year, Difficulties with showings, a hectic schedule and fewer homes to choose from. But the positives can certainly outweigh the negatives. Homes prices are usually slightly lower in December due to decreased demand. And best of all you have less competition! Fewer buyers looking means you have a better chance of finding and buying the home of your dreams.

Simply the process for yourself by making a list of needs and wants and find a real estate agent who understands exactly what you're looking for.

This can be a great time of the year to buy that new home so get out there before time runs out!

Put our team to work for you!   Tucker Real Estate Experts

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