So, with the kiddos back in school, you might be able to swoop in and score a deal. Here are four ways to make it happen.
Get started. NOW. It’s okay if you have been procrastinating this summer on your Boston home search. The time for home buying is now, so don’t delay and get to work. With fewer buyers looking there is less competition so you may see some decent price reductions around this time.
Negotiate, but, stay flexible. After the start of school some sellers may be up for more negotiation than usual on contracts. It is possible to gain contributions to closing costs or an allowance to upgrade the home, such as a carpet allowance or appliance upgrade. Remember to stay flexible though and don’t lose a deal just because of wanting extras.
Take your time. In recent years, home buyers have increasingly dealt with Boston home bidding wars, and low inventory. Many homebuyers felt rushed to make an offer on a home because it may be gone soon. With the back to school rush over you can take your time to find the perfect home for you and not settle on a not-right home.
Research comps. Be on the lookout for price drops, and make sure you study up on comps (the prices paid for comparable homes in the neighborhood). You don’t want to get stuck paying too much because a seller is still trying to capitalize on the summer buying fervor.
The bottom line: Contrary to popular belief, September is a great time to buy a Boston home. If you are searching for the perfect Boston home, let a local expert help you out. Buying a home is an exciting and complex adventure. I take pride in being a local expert and would love to show you around our fine city. Contact a Boston, MA real estate agent to get the buying process underway!
Lucas Garofalo
Keller
Williams Realty
(617)
861-3631
Lucas@LucasBostonHomes.com
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