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Buying Waterfront Real Estate In The Winter

Todays Date: December 10, 2018

Trying to find motivated sellers of waterfront real estate can be difficult. The perfect time to look for a motivated seller of a waterfront home is during the wintertime. Also, you will be able to get appraisals and home inspections at a lower cost.

Home buyers put off searching waterfront real estate because of holiday decorating, shopping, and parties. Plus, the cold weather makes home buyers prefer to stay home; they wait for warm weather to buy waterfront real estate. Get in early and make your offers before other buyers do.

When a seller has a waterfront home that did not sell during the summer market, they may become concerned that the waterfront home won’t sell. If the seller has not pulled their listing, there is a good chance they have become very motivated to sell.

It is important for real estate agents to keep their pipeline full of potential leads and sales. During the winter as their leads become fewer, you will get great service. The real estate agent can’t afford to let any potential lead during the winter pass them by. The agent will also be open to offers they may refused to present to the seller during the peak season.

So what about financing? Well, lenders and mortgage brokers are affected the same way real estate agents are. As the winter months roll-in, they tend to be more flexible with qualifications and will work harder to help you purchase your waterfront home.

Many buyers will make offers contingent on the appraisal and the home inspection. During the summer you may have to wait up to a week or longer to get the appraiser and home inspector out to the home. During the summer, it is not uncommon to be able to get your appraiser and home inspector out to the property within a day or two.

So why not get out there and start looking for some waterfront real estate bargains. Make a lot of offers. Don’t wait for the summer to come back in just to find that your offers are lost in the crowd. Be proactive and find those motivated sellers.

Hubert Miles is the founder of Waterfront Houses USA, an internet marketing service that provides Waterfront Homes and Waterfront Real Estate available in the US and Canada.

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