Nearing the end of the summer in New Buffalo Michigan means that the busy vacation season will taper off, yet the appeal of this charming lakefront city continues. Many find that the fall months with the crisp air and stunning scenery of the changing leaves are just as enjoyable as the lazy summer days. That’s why the fall in New Buffalo can be one of the most attractive times to buy a home along the Lake Michigan shoreline.
Here at Shoreline Property Advisors, our team of experienced Prudential Rubloff New Buffalo Real Estate agents desire to bring our clients the most up to date and pertinent information when it comes to buying a home. We understand that going through the entire home buying process can feel overwhelming and confusing at times, so our team is committed to being with you to walk through each step.
When buying a home in the fall, it’s important to be settled in your new home in time for the holiday season. That’s why we wanted to point out four tips for buying a home in the fall. You’ll be enjoying the coziness of your New Buffalo home in no time!
1. Make a Strategic Offer and Save Cash at Closing- Shaping a solid offer in the fall requires some skill. While sellers may be more willing to respond to lower offers, you don't want to completely turn them off with bids way below their asking prices. Your New Buffalo Real Estate agent will help you make an offer and navigate the tricky negotiating process to get a great deal.
Once your offer has been accepted, you can save even more cash at closing by asking your lender about seller concessions. Also called seller contributions, this is an agreement in which the seller pays part or all of your closing costs. Seller concessions typically range from 2 to 9 percent of the purchase price; the specific amount your seller can contribute depends on what type of loan you get and how much you borrow from the lender.
2. Look for Fall Maintenance Issues- Shopping for a home in the fall gives you the opportunity to look for red flags that may not be noticeable during other seasons. For instance, when touring a New Buffalo home, take a look at its gutters and downspouts. If they're overflowing with leaves, you know the seller hasn't taken the time to clean them. If they're not keeping up with their gutters, what other home maintenance items have they overlooked?
3. Explore New Construction- If you're looking for a bargain on a brand-new home, house hunting during the fall is the way to go. Builders usually start discounting their inventory or offering incentives around September to sell as many homes as possible before the end of the year. When spring rolls around, prices on these homes go back up as demand rises, so take advantage of them while you can.
4. Find Motivated Sellers- While some New Buffalo sellers are just testing the market, others are on a deadline to close a deal before the holidays. If you're looking for a bargain, you definitely want to work with homeowners who need to sell fast, as they may be willing to come down in price to make a quick sale. Your New Buffalo Real Estate agent can find these motivated sellers, by looking for homes that have been on the market for a long time or have had price reductions.
Buying a New Buffalo home this fall can be a stress free and smooth process with a New Buffalo Real Estate agent guiding you each step of the way. Now is a great time to start as you consider jumping ahead of other fall home buyers! Please feel free to contact us today to learn more about the New Buffalo Real Estate market or to begin your home search!
We look forward to talking with you soon!
Shoreline Property Advisors
@ Prudential Rubloff
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