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Maintenance. So important to the life and continued proper functioning of a new car that many dealerships offer regular maintenance as part of the purchase price. A car owner will tell you that maintaining the vehicle in good running condition is much less costly than repairing a damaged engine.

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Did you know that owning a house comes with a built in savings plan? When most people think of buying a house they think in terms of spending or the costs involved. The costs not just in the initial purchase but also in the monthly payments and ongoing upkeep.

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You had your house up for sale already, maybe even more than once? Showings were slim and if any offers were received they weren’t acceptable. You still want to sell but you are left wondering if that is possible.

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Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage?

By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a closing disclosure 3 days before the scheduled closing on their home. The closing disclosure includes final details about the loan and the closing costs.

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Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays.


Here are seven great reasons not to wait:

  1. Relocation buyers are out there. Many companies are still hiring throughout the holidays and need their new employees in their new positions as soon as possible.

  2. Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now.

  3. You can restrict the showings on your home to the times you want it shown. You will remain in control.

  4. Homes show better when decorated for the holidays.

  5. There is minimal competition for you as a seller right now. Inventory of homes for sale traditionally slows in the late fall, early winter. Let’s take a look at listing inventory as compared to the same time last year:

  6. The desire to own a home doesn’t stop when the holidays come. Buyers who were unable to find their dream homes during the busy spring and summer months are still searching!

  7. The supply of listings increases substantially after the holidays. Also, in many parts of the country, new construction will continue to surge and reach new heights which will lessen the demand for your house in 2019.


Bottom Line

Waiting until after the holidays to sell your home probably doesn’t make sense.

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The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of these permits were up 7.4% over last year.

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We all realize that the best time to sell anything is when demand for that item is high, and the supply of that item is limited. Two major reports released by the National Association of Realtors (NAR) revealed information that suggests that now is a great time to sell your house.

Let’s look at the data covered in the latest REALTORS® Confidence Index and Existing Home Sales Report.

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