What to Consider When Buying or Selling a Home During the Holidays
Lola Adeyi • December 1, 2023
Holiday Home Buy
Buying or selling a home during the holiday season may not be the first thing that comes to mind when you think of holiday activities, but it can be a smart move. Here are some tips to navigate making a move during the holidays:
BENEFITS:
- Reduced competition in the market
- Buyers may have more bargaining power
- Sellers may attract more serious buyers who are motivated to close a deal
- Potential tax advantages such as mortgage interest deductions and property tax write-offs
FACTORS TO CONSIDER:
- More challenging to schedule inspections, appraisals, and other necessary services during the holiday season
- Inclement weather may impact the home-buying or selling process
- Holiday travel may also impact the process
TIPS:
- Work with a trusted real estate agent
- Be flexible with scheduling
- Plan ahead and be prepared for potential delays or challenges
Happy Holidays!
xo,
Lola Adeyi, REALTOR & CID
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