5 Reasons to Buy a House this Winter

View of Wilmington North Carolina from across the river

If you’re in the market for a new home, there’s no need to freeze your search during the winter months! While it is not the popular time of the year for house hunting, the home-buying market can work in your favor, with timing on your side, competition at a minimum, and real estate agents and other housing professionals readily available during the winter season. So, throw on your winter coat and take advantage of these winter buying benefits!

Winter-Tested Houses

Harsher weather in the winter months may reveal flaws to buyers and home inspectors, so it’s a great time to see a home’s true colors. It’s better to see the home’s flaws before making the offer, instead of being surprised months after you close. In fact, the best time to do a property inspection is in the rain and snow to expose any major issues.

Motivated Sellers

While house inventory on the real estate market may be lower in colder months, homeowners that list their home in the winter are likely very motivated about selling. This can work in your favor when it comes to making an offer and negotiating the price of the home and closing costs.

Fewer Buyers

2019 has very been a seller’s market, meaning there are more buyers in the market than there are homes to purchase which means increased competition among buyers. Timing, however, also plays a major role with buyers when winter arrives. This could mean fewer buyers to compete for your favorite listing. You can also take your time looking for the right home and not feel rushed into making an offer.

Available Realtors

Winter is considered more of an off-season for realtors, but this quiet period means real estate agents can devote even more time and support to your specific home search.

Discounting Movers

If you wait for the colder winter months, you might find that many professional moving companies discount their service costs. Additionally, lighter schedules for movers means you will also have more freedom to schedule your move when you want!

Ready to make a move? Contact one of our expert loan officers to get started today on your home buying journey!

6 Strategies to Get a Better Interest Rate

While market conditions obviously play a major role, there are some qualifying factors within the buyer’s control that can help secure a lower interest rate. Here are six smart strategies to consider!

5 Wise Ways to Winter-Proof Your Home

Whether you love or dread the frosty winter temperatures, we all like to save money while staying comfortable in our home when the temperatures drop. By taking a few simple steps towards winterizing your home, you can achieve both goals!

5 Ways to Prepare Your Home for Fall

Shorter days, cooler nights, and warm colors all signal the arrival of fall! Now’s the perfect time to finish up any last-minute maintenance projects and get your home and yard ready for the autumn season.

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Equal Housing Lender LogoALCOVA Mortgage LLC | NMLS#40508 | (www.nmlsconsumeraccess.org)
Licensed in AL, CO, DC, FL, GA, KY, MD, NC, OH, PA, SC, TN, TX, VA, WV | 308 Market St SE, Roanoke, VA 24011