3 Reasons August is the Best Month to Buy a House
August is the time for summer BBQs, last minute vacations, back to school rush, and… home closings? Yes! We are here to tell you that the last full month of summer is the perfect time to make an offer and close on a home.
1. Your competition is on vacation!
As the old saying goes, “If you snooze, you lose.” While most people are vacationing and have taken their eyes off the real estate ball, the time is ripe for you to make an offer on your dream home! Homeowners are usually flooded with offers, but August is a great time to avoid the frenzy and place an offer you’re comfortable with and still stands out
2. You could save big on closing!
Because fewer people are buying in August, you have more room to negotiate your offer. Avoiding a bidding war with another buyer could save you tens of thousands of dollars on closing costs. You may even be able to negotiate extras that would have been out of the question in a busier month.
3. August is one of the cheapest moths to move!
Because August is one of the slower months in residential real estate, moving companies slash their price to incentivize customers. Negotiating a better deal on a home PLUS lower moving expenses? Kind of amazing.
So before you book that last minute beach trip, take a moment to consider the benefits of an August closing and give us a call! We’d love to help you find your perfect home before the fall!