Is Fall the Season Good for Home Buyers? Yes, It Is!

House AutumnSome buyers may be a bit frustrated they didn’t find the perfect home this summer thanks to the intense competition for homes, but they shouldn’t be discouraged. As some shoppers leave the real estate market, the odds that those who remain will find a home increases. Working with a real estate professional will help you find the home of your dreams with greater ease.

More Time
The fall season has an additional benefit since usually real estate agents will have less on their plates and have more time to work with their buyers. Home shoppers can ask more questions, get more insight and generally get a better feel for the real estate sales process from their agents. Keeping open lines with these industry pros can give hesitant buyers the peace of mind and encouragement they need to pursue  that home sale.

How To Get That Home?
Just like the summer market, it’s vital buyers make sure they’re ready to make an offer as soon as they find a home they like. While the market is generally less busy during the fall season, today’s conditions mean shoppers can still expect busy open houses and multiple bids. Having the ability to spring into action as soon as possible remains vital to finding a home before winter arrives.

Looks for homes for sale here.

Brought to you by HMS Home Warranty. HMS is an industry leader with over 30 years of creating success for clients and providing peace of mind for customers. To learn more click www.hmsnational.com

What to Look For When Buying a Home this Fall

If you are looking to purchase a home during the fall season, it’s always best to consult with your real estate agent for advise on the best ways to maximize negotiating power. In today’s real estate market, bidding wars can be common despite the usual seasonal slowdown in real estate sales activity in autumn.

Be Financially Prepared
Home buyers need to understand the current status of the real estate market and how fast-paced it is currently. Someone with a low credit score or the inability to make a down payment may find it more difficult become pre-approved for a mortgage. Additionally, understanding the current market main mean making a fast decision for an offer to purchase a home.

Is This the Right Home in the Right Place at the Right Price?
Sometimes would-be buyers are all too eager to make a home purchase without actually considering the condition of that local market. They are willing to make too many compromises on what they’re looking for just in hopes of buying sooner than later. There isn’t necessarily anything wrong with that approach, but it’s important for buyers to think about whether their new homes fit their long-term living plans.

Buyers should seek advice from their agents about local market shifts and trends to make better informed decisions as well as consider how long to plan on owning that home before thinking of moving again.

Strike When It’s Wise
Home buyers should keep in mind why autumn is such a buyer-friendly season in the first place. While competition is still considerable because of existing market conditions, the number of people looking at homes does decrease, making purchasing a home a bit easier. Sellers who have had their homes on the market since the start of spring may be more motivated to make a deal than they were in the summer.

Look at homes for sale here.

Brought to you by HMS Home Warranty.  HMS is an industry leader with over 30 years of creating success for clients and providing peace of mind for customers. To learn more click www.hmsnational.com