Winter is here in the Dallas area and even though we don’t get a lot of snow and ice during the winter months like some states, the reality is that the colder temperatures can make it difficult for home buyers.
Should you put your home-buying plans on hold until the spring and summer months? The answer is no. You can still find the home that you’re looking for in the Dallas Texas area during the winter if you follow these simple home buying tips
Don’t be afraid to negotiate — Someone that is selling real estate in the winter is most likely a motivated seller, which means that they couldn’t wait until the peak selling season to list their property. Keeping this in mind, in addition to the fact that there probably isn’t much buyer competition, there’s a good chance that you can negotiate the price since no seller wants to keep their property on the market for too long.
Check out rental listings — You may not be looking to rent yourself, but you may be able to uncover a hidden gem by looking through rental listings. Landlords tend to aggressively market their properties during the winter to get tenants in by spring. However, they may be willing to sell their property depending on how their rental business is doing and whether the price is right. This can be a great way to find a home that isn’t listed.
Do your homework beforehand — One of the reasons the winter is not a popular time for homebuyers to go house hunting is that nobody wants to walk around in the cold weather while doing so. To make sure you know what you are looking for so that you’re not wasting time being uncomfortable, research what neighborhoods you are interested in by reading up on school districts, recreational opportunities, local amenities, commute times, and more.
Imagine the home during the spring — Try to picture what the house you are looking at will look like during the spring and summer seasons. You might be able to look up the address on Google Maps to find a street view during this time of the year. Another option is to ask the seller if they have any pictures of their property during the non-winter seasons. If they’re smart, they will, since this makes selling a home during the winter much easier.
Look for specific faulty features — A home inspection during the winter is different than an inspection during the summer. This is because several features can be difficult to test during the winter months, such as the home’s air conditioning system. Other features, such as pools, outdoor kitchens, and irrigation systems, can be difficult to test, and they may have problems you won’t discover until after winter has ended. To get around this potential problem, you can include a security deposit into the deal with the seller to protect you in case these types of features don’t function properly. Another option is to request that the seller provide warranties on some of the home’s appliances.
For more tips on buying a home during the winter in the Dallas area, where to search for homes for sale, contact me today by clicking here to connect with me.