The end of the year is full of Christmas shopping, but does that mean it’s also a good time to buy real estate? In this episode of The WealthBuilders Podcast, the WealthBuilders coaches discuss everything you need to know about purchasing real estate during the holiday season. Listen and read the following shownotes to learn how to find golden opportunities when others aren’t looking!
Listen to the full podcast episode, Buying Real Estate During the Holidays: Here’s What You Need to Know
Podcast Shownotes
- The holiday season can be a great time to buy properties because sellers are motivated and there is less competition from real estate investors.
- There are potential opportunities with Oreos (Other Real Estate Owned properties), or properties that are owned by banks.
- You can find these listings on platforms like MLS, Fannie Mae, Freddie Mac, HUD, and VA. Banks are motivated to clear non-performing assets by year-end.
- Consider buying properties in estates, as heirs are motivated to sell for tax reasons and retrieving their inheritance money quickly.
- Need to sell your property during the holidays? Offer incentives like interest rate buy-downs and make sure your property is staged well, smells nice, and has fully functioning utilities.
- As you pursue your real estate goals, remember to reflect on the true meaning of the holiday season. Don’t get lost in the holiday hustle and bustle.
As we reach the end of 2023, WealthBuilders is launching our “Transforming Together” end-of-year giving campaign. If you have been blessed by WealthBuilders’ free content like this podcast, please consider partnering with our mission or giving a one-time donation. You can give to the Transforming Together campaign here.
