6 Reasons To Buy Your New Home Before Fall
You've been thinking about buying a new home at the Lake of the Ozarks, but when exactly is the right time to take the plunge? It can be hard to predict exactly when the right moment is for you, but market trends indicate that if you've been thinking about buying a new home soon, buying before fall may be a smart idea. Our Lake of the Ozarks title company is here to help you explore the possibilities.
1. Less Competition
As we move into late summer, the initial craze of buying a home in the summer is wearing off. Many people who planned to buy this summer have already found their chosen properties, and those that haven't may be getting tired of the search and opting for a break. By jumping into the market now, you may be able to find a great home without having to battle such steep competition.
2. Increased Stability For The Kids
Even if you stay in the same area, moving to a new home can be hard on young children - especially during the school year. They will have a lot to adjust to with the beginning of a new school year as it is, and moving homes in the middle of that adjustment time can be a lot. If you have children, buying your new home before fall really gets underway may be beneficial for them.
3. Ability To See The Home For What It Is
When they initially listed their homes back in the spring or early summer, sellers probably put a great deal of time and energy into ensuring their home's landscaping and curb appeal looked absolutely great. Keeping up with landscaping can be a chore, however, and they may not have kept up with the task as the months went on. This is advantageous for you, the buyer, because it allows you to see what the home really looks like without the cover of polished landscaping.
4. Increased Seller Flexibility
The same sellers who listed their homes back in spring or early summer were probably incredibly optimistic about their sales, and willing to wait for that "perfect offer" to come along. If they haven't yet sold their homes yet, they may be growing impatient. Impatient sellers are less likely to be as picky, and are more likely to negotiate lower sale prices with buyers.
5. Low Interest Rates
Much to everyone's surprise, interest rates are still hovering at all-time record lows. Experts keep predicting that rates will rise again in the very near future - in fact, no one expected rates to stay this low for as long as they have. It is impossible to predict exactly when rates will go back up, but the sooner you buy, the more likely you will be able to lock in a lower rate.
6. Rising Rent Costs
If you have not yet entered the realm of homeownership, you have probably experienced first-hand the trend of rising rent costs. They've steadily been going up for a couple of years now, with the growth becoming rather exponential in the last several months alone. Most housing experts now suggest that renting is actually more expensive than owning a home outright. Buying a home sooner than later can help you save money on increased rent costs.
Remember Arrowhead Title When It's Time To Close On Your New Home!
No matter when you decide to take the plunge and buy a house at the Lake, our Lake of the Ozarks title company would be honored to assist with your transaction. We can ensure that there are no hidden hazards regarding the title to the property and facilitate the closing to help everything go smoothly. For more information about our title services at the Lake of the Ozarks, call us at 573-302-1950 or visit our website at www.ArrowheadTitle.com.
The Lake of the Ozarks' Most Trusted Title Company
Where Accuracy Matters!
1. Less Competition
As we move into late summer, the initial craze of buying a home in the summer is wearing off. Many people who planned to buy this summer have already found their chosen properties, and those that haven't may be getting tired of the search and opting for a break. By jumping into the market now, you may be able to find a great home without having to battle such steep competition.
2. Increased Stability For The Kids
Even if you stay in the same area, moving to a new home can be hard on young children - especially during the school year. They will have a lot to adjust to with the beginning of a new school year as it is, and moving homes in the middle of that adjustment time can be a lot. If you have children, buying your new home before fall really gets underway may be beneficial for them.
3. Ability To See The Home For What It Is
When they initially listed their homes back in the spring or early summer, sellers probably put a great deal of time and energy into ensuring their home's landscaping and curb appeal looked absolutely great. Keeping up with landscaping can be a chore, however, and they may not have kept up with the task as the months went on. This is advantageous for you, the buyer, because it allows you to see what the home really looks like without the cover of polished landscaping.
The same sellers who listed their homes back in spring or early summer were probably incredibly optimistic about their sales, and willing to wait for that "perfect offer" to come along. If they haven't yet sold their homes yet, they may be growing impatient. Impatient sellers are less likely to be as picky, and are more likely to negotiate lower sale prices with buyers.
5. Low Interest Rates
Much to everyone's surprise, interest rates are still hovering at all-time record lows. Experts keep predicting that rates will rise again in the very near future - in fact, no one expected rates to stay this low for as long as they have. It is impossible to predict exactly when rates will go back up, but the sooner you buy, the more likely you will be able to lock in a lower rate.
6. Rising Rent Costs
If you have not yet entered the realm of homeownership, you have probably experienced first-hand the trend of rising rent costs. They've steadily been going up for a couple of years now, with the growth becoming rather exponential in the last several months alone. Most housing experts now suggest that renting is actually more expensive than owning a home outright. Buying a home sooner than later can help you save money on increased rent costs.
Remember Arrowhead Title When It's Time To Close On Your New Home!
No matter when you decide to take the plunge and buy a house at the Lake, our Lake of the Ozarks title company would be honored to assist with your transaction. We can ensure that there are no hidden hazards regarding the title to the property and facilitate the closing to help everything go smoothly. For more information about our title services at the Lake of the Ozarks, call us at 573-302-1950 or visit our website at www.ArrowheadTitle.com.
The Lake of the Ozarks' Most Trusted Title Company
Where Accuracy Matters!
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