It's Groundhog Day, the sun is shining brightly in the Yamhill Valley and. according to folklore, this means we are in for six more weeks of winter. We've had enough!! Fortunately, in the world of real estate spring officially begins in February.
Even in this economic climate the phone calls, emails and website inquiries are beginning again right on schedule.
The timing is perfect for buyers and sellers with children in school. The buyers will generally begin a home search in February, casually surfing the internet to see what's available in their target neighborhood or city. By April they have seen or inquired about a number of properties and narrowed choices to a few. Assuming a choice is made and a contract is negotiated by April 15, the sale could close just after Memorial Day since a typical escrow with a new loan takes about six weeks.
For the best chance of making it onto the buyer's short list, sellers should be cleaning those closets, washing those windows and sweeping the sidewalk. And be sure the sign in the yard is with a Realtor who can give you maximum internet exposure for the February web surfers.
And don't forget the primroses on the front porch.
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