There's nothing going on in the property market around Christmas. Wrong. The period between the years in particular offers attractive opportunities for buying or selling property that there is no time for during the rest of the year. We'll tell you why Christmas is the ideal time to buy or sell your property.
Property sellers now have time to put their offers online
The Christmas presents have been bought, the tasks at work have been completed - now it's time to relax. Admittedly, fewer adverts are placed online between Christmas and New Year's Eve. There is also a prevailing opinion that little happens between the years anyway. BUT: property sellers now have more time to devote to their projects.
This means that one or two of them will put an offer online right now and you, as a property buyer, now have attractive opportunities in this rather unrivalled time. Perhaps there is just the right property tidbit for you. Be the first to grab it while others are still hesitant. Use the hibernation of your competitors for your own plans and browse through the property purchase offers without any stress. Even if no viewings take place during this time, you will be the first to make contact and arrange appointments for the new year.
Take your time to research, select suitable properties for your property purchase and arrange viewings. This means you have already done your homework at the beginning of the year and have a clear head start over your competitors on the property market.
Valuation for property sellers
It is important for property sellers to have a realistic idea of the value of their property in order to be able to negotiate fairly with potential buyers. A qualified property valuer can help you determine the market value of your property. There are a number of factors that influence pricing, such as supply and demand in the region or the location and condition of the property. As your qualified estate agent in the region, we know comparable values for properties in your area and can also prepare your individual valuation for you between the years.
The right time to invest: check your taxes and credit rating
As there is often little going on in your private life at the end of the year, now is the chance for you to update your tax accounting. On the one hand, you will feel tidier and have a calmer start to the new year. You can also check with your tax advisor whether the time is right for the investment you have been considering for some time. Perhaps it makes sense to buy a property this year because of the tax benefits? Don't just keep track of your tax affairs, but use the time around the end of the year wisely for your property investment.
Are you keeping an eye on your own creditworthiness? Here, too, it is worth taking a closer look. Your credit rating has an impact on the conditions that banks offer for property purchase financing. Gather together all the necessary documents and have a credit rating carried out. The more - even voluntary - documents you submit, the better your rating will be in the best case. Organise your documents neatly and clearly. Ideally, you should only need to add the property you are considering. If you can present your comprehensive documents to the bank in an organised and clear manner, you will make a good impression and increase your chances of obtaining a loan.
Good preparation and the best time for your property purchase
Most people make the mistake of delaying their decision to buy for too long. Who knows the perfect time to buy a property? That's right: nobody. Sometimes it helps to look at the history of property appreciation in certain cities or areas. At the end of the day, however, it is always your own individual preparation and the best time is the one that feels right for you.
Have you set yourself clear goals and parameters for your property purchase? Do you know the purchase price that should not exceed your budget? Have you clarified all the points relating to your equity ratio and the minimum return? Are you familiar with the market situation and have you made your own observations over a longer period of time? Then you have the necessary tools.
You have done enough research. You have calculated everything. You have set your goals and know exactly what your financial options are. This means that you can now feel secure in the saddle. Now it's time to get started. Don't miss this point, because once you've passed it, you may never dare to do it again. Buying a property is an important matter and should be well prepared. Once made, your newly acquired property will bring you enormous financial benefits and security for your family or in old age in the medium and long term.
Conclusion
In fact, the days around Christmas are a very good time to prepare for or even make your property purchase. The unrivalled time plus possible listing treats offer you attractive advantages as a property buyer. You also have time to weigh up your tax options and check your credit rating. Now that you are well prepared, you may be able to realise your very own Christmas present: the dream of owning your own home.
Get an overview of our property offers now: | As a property seller, you also have time in the quieter days of the year to have a professional valuation carried out for your property. |