Why Winter Could be the Perfect Time to Buy at the Lake!
Deciding to move to the Lake of the Ozarks is a wonderful and exciting thing! If you're not sure what time of year is best to buy your new home, you may want to consider winter for several reasons. Your Favorite Real Estate Team is the best real estate team at the Lake of the Ozarks and we have the tips you need to help you find the home of your dreams. One of those tips is that it could be better to buy a home at the Lake during the fall and winter seasons. Read on to learn more about why buying a home this winter could be the perfect choice for you!
As the weather warms up, potential homebuyers become more motivated to find their lake home to get ready for the upcoming summer season. Sellers often take advantage of this higher demand and raise their list prices for lake area homes above what they may be able to get for their home in cooler months. In the fall or winter, sometimes sellers have had their home on the market for several months and are more motivated to sell. This could mean that you have more bargaining power to be able to negotiate a lower price.
In the winter months, homes tend to reveal more issues than they might in the summer due to the colder temperatures. Testing the heating system in your home is better in the winter because you will be able to truly tell how well the HVAC system operates. You will also be able to tell how well the home is insulated and sealed by feeling or drafts near windows and doors in the home. During the winter, you will also be able to give better consideration to how easy it is to get to and from the house. Are the roads too steep to navigate if it snows or ices? This could be a deal-breaker.
Because warm months are more popular for home buyers, it is also a busier time for title companies. It may be more difficult to pick the closing date that you want, and title companies could be busy and distracted with a lot going on in their offices. Professional title companies will still prioritize you and make sure there are no errors in your transaction, but choosing a less busy time can help you and the title company team not feel rushed. The underwriting process may also go somewhat faster in the "off-season" when fewer applications are coming through.
Moving in the winter may sound unappealing at first thought with the potential for inclement weather. But it could actually make the process easier for several reasons. Your family and friends may not be readily available to help you move in the summer if they regularly take summer vacations. You may also have better luck finding a moving company with high ratings and availability in the winter, instead of trying to compete with other movers in the warmer months.
If you move into your new Lake home in the winter, then you will have more time to set up all of your belongings, furniture, and decorations before spring. When the weather warms up, you will be ready to enjoy the Lake without having to worry about unpacking.
The winter could be the best time to buy a home at the Lake of the Ozarks. You may be able to enjoy lower-prices, a better chance to investigate the home, a faster closing process, and an easier time moving if you choose a winter timeline. No matter what time of year you decide to purchase your dream home at the Lake of the Ozarks, Your Favorite Real Estate Team is here for you and ready to guide you through the home buying process. Contact us today to get started finding the home of your dreams! 573-434-5292
Warmer Months Could Mean Higher Pricing
As the weather warms up, potential homebuyers become more motivated to find their lake home to get ready for the upcoming summer season. Sellers often take advantage of this higher demand and raise their list prices for lake area homes above what they may be able to get for their home in cooler months. In the fall or winter, sometimes sellers have had their home on the market for several months and are more motivated to sell. This could mean that you have more bargaining power to be able to negotiate a lower price.
Test the Limits of the House
In the winter months, homes tend to reveal more issues than they might in the summer due to the colder temperatures. Testing the heating system in your home is better in the winter because you will be able to truly tell how well the HVAC system operates. You will also be able to tell how well the home is insulated and sealed by feeling or drafts near windows and doors in the home. During the winter, you will also be able to give better consideration to how easy it is to get to and from the house. Are the roads too steep to navigate if it snows or ices? This could be a deal-breaker.
Time for Closing
Because warm months are more popular for home buyers, it is also a busier time for title companies. It may be more difficult to pick the closing date that you want, and title companies could be busy and distracted with a lot going on in their offices. Professional title companies will still prioritize you and make sure there are no errors in your transaction, but choosing a less busy time can help you and the title company team not feel rushed. The underwriting process may also go somewhat faster in the "off-season" when fewer applications are coming through.
Making the Move
Moving in the winter may sound unappealing at first thought with the potential for inclement weather. But it could actually make the process easier for several reasons. Your family and friends may not be readily available to help you move in the summer if they regularly take summer vacations. You may also have better luck finding a moving company with high ratings and availability in the winter, instead of trying to compete with other movers in the warmer months.
If you move into your new Lake home in the winter, then you will have more time to set up all of your belongings, furniture, and decorations before spring. When the weather warms up, you will be ready to enjoy the Lake without having to worry about unpacking.
Your Winter Real Estate Team
The winter could be the best time to buy a home at the Lake of the Ozarks. You may be able to enjoy lower-prices, a better chance to investigate the home, a faster closing process, and an easier time moving if you choose a winter timeline. No matter what time of year you decide to purchase your dream home at the Lake of the Ozarks, Your Favorite Real Estate Team is here for you and ready to guide you through the home buying process. Contact us today to get started finding the home of your dreams! 573-434-5292
CONTACT ED SCHMIDT FOR ALL YOUR LAKE OF THE OZARK REAL ESTATE NEEDS
Ed Schmidt, REALTOR
752 Bagnell Dam Blvd. Suite A
Lake Ozarks, Mo 65049
Phone: 573-240-9052
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