Holiday Season ~ a gift to home buyers

GOOD NEWS FOR BUYERS!

The season between Thanksgiving and New Year’s Day, even extending to Super Bowl Sunday, is the slowest time of the year for home sales. If you want to purchase a home and can drag yourself away from holiday festivities, this is the absolute best time of the entire year to be a home buyer.

Why? Here are three reasons:

1. Only serious motivated sellers have their houses and condominiums listed for sale during this slowest season of the year for home sales;

2. Competition from other prospective home buyers is at its lowest now so your purchase offer will be extremely welcome and seriously considered by a motivated home seller;

3. This year-end (2006) is a buyer’s market, i.e. there are many more properties listed for sale than there are qualified buyers

Here are some helpful “Buyer Tips” from Bob Bruss with Inman News:

1. First Shop for a Mortgage - smart buyers first get approved in writing for a home mortgage. This is a slow time of year for mortgage lenders so they welcome your loan application.

2. Work with an Experienced Buyer’s Agent – someone who understands the market in the vicinity where you want to buy. That’s me… and there’s no cost to you – phone me: 843-902-0204, email me: Barbara.Chartier@century21.com; or visit my website: www.BarbaraChartier.com .

3. Review a “CMA” Before Making Your Purchase Offer – this Comparative Market Analysis will help you determine what the property is worth in today’s market.

4. Keep Your Purchase Offer Simple - include only a few contingency clauses in your purchase offer, e.g. Lender’s Appraisal Contingency; and a Professional Home Inspection Contingency.

For more information cantact me - Barbara Chartier at 843-902-0204.