Hurry Up and Wait
If you’re a prospective home Buyer who initiates a deal just before Christmas — especially if it’s a bank-owned property — you’re likely to get everything wrapped up a week into the New Year (if you’re lucky — I’ve got one in progress now).
If you’re a Buyer who initiates a deal after the 1st, you’re likely to get everything wrapped up . . . about a week into the New Year (if you’re lucky).
Which is a pretty good case for just waiting until after the 1st.
That’s especially true for first-time Buyers, who typically have the hardest time waiting to find out if their offer has been accepted, rejected, countered, etc.
