Although springtime is known as prime time for buying a home, you can also find a fair share of gems during the summertime. Don’t stop looking. Here are some tips you can use to help you land your dream home in a summer market.
1. Scour old listings.
If you missed the home-buying market in the spring, you can find a few listings that might still be on sale. Often times, these sellers will be ready to decrease the selling price, making it easier for you to settle. Make sure to keep your eyes on these listings before the public knows and it becomes competitive.
2. Summer diamonds in the rough.
There can be many houses who weren’t purchased because of the price or because they needed work. Looking at these houses over nicer houses in poorer locations will be a safer bet; you can always renovate later. However, you should steer from homes who show significant signs of damage because it could lead to problems beneath the service.
3. Go house hunting when others aren’t.
Summer is usually a sluggish season because most people are preoccupied with vacations and BBQs, make sure you take advantage of this time and look at houses when competitors aren’t. The last weeks of July and the first weeks of August are the best time to get a lead on.
4. Cruise the neighborhood.
When you buy a home, you are investing in the neighborhood and community as well. Make sure you are satisfied and happy with your surroundings before you seriously consider a home, and summertime is the best time to wander around and meet potential neighbors!
5. More time with your agent.
Because the season is slow and there are fewer listings, you can benefit from this by having more time with your agent. They will give you more attention, giving you more of a chance at finding your dream home.
6. Summertime is bargain time.
Sellers will more likely than not be willing to bargain because they want to sell the house and have their own vacation time. Think about numbers and make a deal!