Laguna Beach Home Buying In The Winter Time

Homes do not move as fast in Laguna Beach during the winter time

. The hot months are also the hot time to buy, in other words. But taking the season off can be a great disservice to your search for a home. Many homes that remain on the market during the later part of the year are owned by motivated sellers. A motivated seller could mean anything from a short seller to a home foreclosure to someone, who has had their house on the market for a long time with no buying activity. These are the types of people, who you will want to purchase from, because they are ready to take a lower price from their home than what it is probably worth. In order to get one of these deals, you must first understand the psychology of the seller.

Start with the short sale. Short sales offer a way around the inevitable home foreclosure. While they do damage the seller's credit rating slightly, they do not do it to the effect that a foreclosure would. Buying from a short seller is essentially doing a favor to the seller and the mortgage company. As a result, you can get the home at way below market value. Likewise, a home foreclosure isn't making anyone any money. The company that owns the property loses money every moment their real estate sits empty. In both these cases, you should be prepared with your pre qualifications met and your best offer.

With people whose homes have been on the market a long time without buying activity, you have to be a bit more careful. First, you should investigate the area itself. Are other homes in that region having a hard time selling? If there is something inherently wrong with the development, then you may want to second guess making a purchase at all. On the other hand, the individual may have his home overpriced, in which case making an offer would be a great idea. Either way, it is important to put in the research time that you need to make the wisest offer you can.

There to help you are Laguna Beach real estate agents. It's important when seeking one out that you choose somebody with experience, knowledge of the area, and competence when dealing with winter time buying activities. Not all Laguna Beach agents are built the same, so it's important that you go with someone, who values your goals over making the biggest commission. Good agents know that word of mouth is what drives their business, not the individual sale. So choose someone, who values your ideas and will do his best to make sure you get the property you're looking for.

by: Gen Wright

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