Buying a home doesn’t have to be a nerve-wracking experience. Here are eight reasons why the lazy days of summer are the best time to contact your realtor Marina del Rey and kickstart the home-buying process.
1. Summer’s the best time to sell your old home.
If you’re moving from a rental property, all you have to do is navigate your lease agreement. If you own your soon-to-be-former home, however, you may need to coordinate its sale with the purchase of your new home. Summer’s the best time to do that.
2. You’ll have more properties to choose from.
Since summer is an ideal time to sell, you’ll have more options as a buyer. Year in and year out, the number of homes on the market rises along with the temperatures. This means you can be flexible and avoid having to settle for a property that offers less than what you were looking for or that isn’t right for your budget.
3. The weather is better for moving.
This is particularly important if you’re moving to or from a part of the country that experiences brutal winters. Lugging furniture and boxes through the snow is no fun. Neither is paying professional movers to endure the elements in your place.
4. Mortgage rates are usually lower.
While markets certainly fluctuate, generally speaking, mortgage rates are lower in the summer. Locking in a lower interest rate and cheaper home loan has the potential to deliver considerable savings in the long run, no matter if you’re interested in single-family homes, condos, or townhomes for sale.
5. Your kids are out of school.
Moving is a big adjustment for kids, no matter their age. You can ease the transition, especially if they’ll be changing schools, by making your move during the summer.
6. It’s a good time for DIY projects.
If you’ve got your eye on a fixer upper, summer can be the best time to buy. The weather is more cooperative for DIY projects, and it’s often easier to take time off of work as well. If your children are out of school or home from college, you can stick a rake or a screwdriver in their hands, too.
7. You can get a better feel for the neighborhood.
What do you do when the weather turns cold? You stay inside with a good book or a Netflix binge as frequently as possible. Your potential neighbors likely do too. That’s why summer presents the best time to get a real idea of what the neighborhood is like. In the warm weather, your future neighbors will be out and about, allowing you to get a feel for things such as how many kids are on your block and who needs to break out the lawnmower more often.
8. You could snag a spring price drop.
Spring is also a popular time for sellers to list their homes. Come summertime, however, if a house hasn’t sold, some sellers are motivated to lower their prices in order to get things moving and avoid spending another season with their homes on the market.
Buying a home during the summer can alleviate many of the stresses that moving brings. If you’ve been thinking about a change of address, contact your Los Angeles real estate agent today to start the search for your dream home.