Spring and summer tend to be the busiest times for Westfield real estate. Westfield Buyers take advantage of summer vacation to find, buy and move in to a new home. However, you might not be ready to purchase a property then. Instead, winter is here and you are looking for a new home. Heed these winter Westfield home buying tips to work the cooler temperatures to your advantage.
Winter Westfield Home Buying Tips
Watch the Holiday Spending
Even with the best scores, a sudden spike in spending on your credit cards can hurt your chances of home loan approval. Increasing your debt-to-income ratio hurts your FICO score. Keep your spending to a minimum. Pay it off as quickly as possible.
Keep an Open Mind
The next one of my winter Westfield home buying tips I think you'll find helpful is to keep an open mind. The curb appeal of a Westfield home takes a hit in the wintertime. When not covered with snow, the grass might be dead. Trees tend to be bare. Landscaping might not look its best. However, that all changes in the spring. Remember that when you first pull up to a Westfield luxury home.
The Westfield luxury home market is a busy one. Your "perfect home" may not be on the market long. So, you need to be ready to check it out as soon as your agent tells you about it. This may mean a quick trip on Christmas Eve. Or, you might need to tour a property early on New Year's Eve. Be flexible with your schedule so that you don't miss out on an opportunity.
Another one of my winter Westfield home buying tips that is important to remember is to expect delays. Even on a straightforward sale, delays can happen. When dealing with heavy snowfall like we do here in New Jersey, the chance of a delay for plumbing, electrical and other home-related services increases. This goes for both existing and new custom construction. Delays are not inevitable. However, they do happen. Add extra time to your closing date to allow for possible delays. That way, you won't be stressed out if one happens.
Just because there are less Buyers out there in the wintertime does not mean Sellers are desperate. The Westfield luxury home Buyers on the lookout for a property during the winter time are just as determined as you are. You don't want to lose out on your dream home because you insulted a Seller with a lowball offer. Discuss pricing options with your Westfield REALTOR® before you present an offer.
Originally posted on my Westfield area luxury real estate blog here: http://www.luxuryhomesnj.com/westfield-news/winter-westfield-home-buying-tips/.