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 have to make payments, pay for upkeep… 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 take benefit from people eager to rent the property in warmer, prime months.