Winter is A Great Time to Purchase a Vacation Home
Say you’re interested in owning a second home (or even your primary residence) at the beach. If that is the case, winter is the best time to get a great deal. Many vacation homeowners rent their properties to others to help offset the cost of ownership; few are eager to sell until the “season” is over. If you wait until November or later, you may catch a seller when they are most eager to sell: Significantly fewer people rent vacation homes during the winter months, but homeowners still must make payments, pay for upkeep, etc. For those reasons, an off-season vacation homeowner is often a motivated seller.
Then, if you close in the spring, you’ll be ready to enjoy your new home – or enjoy the benefits of people eager to rent the property in warmer, prime months.