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Health & Fitness

Should You Buy a Home in Wellesley During the Holidays?

Buying a home now can bring extra benefits.

The holiday season is here and if you are in the process of looking for that dream home or relocating, you may be wondering if you should continue during the holidays. It’s true that buying a home right now can add a few things to your to-do list, but it also brings a lot of benefits.

Affordable Listings

You could find a very good deal right now in the Wellesley real estate market as many sellers who continue to sell their home during the busy holiday season are more likely to lower their listing prices and even negotiate with buyers. If you continue house hunting now, you could find one at a better price.

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Less Competition

Fewer people look for a home during the holidays, so if you buy a home now you will have less competition from other buyers. With less competition comes more time to look at homes and even more opportunities for negotiation. If a seller is anxious to secure a buyer, he or she may be willing to work with you on things like price, dates, repairs and other elements of the contract.

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Quicker Loan Approval

Lenders are often less busy during the holidays, so you could get approved for a loan more quickly at this time of year. Start the process now so you know what kind of home loan you qualify for and to plan around dates when offices will be closed.

Close Faster

If a seller is actively advertising his home during the holidays, he may be trying to sell it before the end of the year, for tax purposes. When a seller is on a deadline and ready to close quickly, you will be able to move into your home faster. In fact, the entire process of getting an offer approved and the paperwork completed could move more quickly.

Buying a home during the holidays can actually help you get into your new home faster and bring many benefits you won’t get during other times of the year. If you are considering buying a home, now may be the perfect time to start the process.

Working with a real estate agent can help you find that perfect home during the holidays while giving you time to enjoy the season and your family. For help finding a Wellesley home for sale this holiday season, or a home in Brookline, Newton, Dover, Natick or Needham, contact Christine Norcross at 781-929-4994. You can also connect with us on Facebook for more tips on finding and buying a home.

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