Real Estate Investing

Want to get a great deal on a home? A really, really great deal on a home? Take advantage of the current low interest rates? Make your move in four days. That’s right - Christmas Day. What could you possibly have on your Christmas Day to-do list that could be any more fun than putting out an offer on a home?

According to About.com, that is the single best day of the year to buy a home. I actually began thinking about this topic after considering how stressful it would be to buy a home around this time of year. Ask anyone who’s done it and they’ll probably tell you to avoid it. Who knew buyers are at their greatest advantage on the big day? It really makes sense when you think about it, though. About.com explains why:

-People are in good moods, celebrating, opening presents, enjoying family.

-People are more inclined to be generous, even if it means coming down on the price. “Hey, it’s Christmas, hon; just sign it.”

-Home prices are at a 12-month low in December.

-If a person has their home on the market over Christmas, that person is definitely serious about negotiating and selling that home. You can bet on it. Better yet, why not write an offer?

And let’s face it, people drink more alcohol around the holidays and alcohol helps deals get done. Of course, this still begs the question of whether a real estate agent will be around to help you. If not, you can go it alone, but you’ll probably be able to get a pretty agreeable real estate agent these days because their coffers haven’t exactly been overflowing with the housing market’s current condition.

By the way, the second best day to get a great deal on a home? Easter Sunday. Begin hatching your plans now.