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Timing is Important
when Buying and Selling Homes
November 26th 2005
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Timing is
important |
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One of the most
stressful times in a person’s life is when he or she buys a home. The
decision process is usually long and there is usually second guessing
involved after the deal is done.
The seller will
wonder if he could have gotten more money for his property. They buyer
wonders if he could have gotten it for a lower price or maybe should
have waited. Both may wonder if they did the deal at the most opportune
time.
Housing prices
tend to rise before and during the summer when most people have more
time to move. They may take a dip after the summer when the kids get
settled in school and there are fewer buyers in the market.
So if you are a
buyer of a home you may pay more during the summer, but this is the most
convenient buying season. If possible you may want to plan your vacation
for the end of the summer right after the kids start back to school in
order to save money.
Either way, you
will want to do some comparison shopping of your own. Brokers may not
be as in tune to your needs as you are. You will want to follow the
market for a couple months before you intend to purchase. This will
give you an idea of property values. You may also want to drive by a
couple houses and compare neighborhoods.
Sellers may get
the highest price during the peak buying season – the summer. Whether
you are interested in buying or selling a house a real estate broker or
agent is a wise investment. Once you sign you are committed to working
with that broker, so talk to a couple before you sign.
By
Dan Wilson
Best Syndication Staff Writer
Real Estate
Keywords and misspellings: reel estate estat
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