Tag

end of year

Last Call for 2020 Housing Deals

“Only 61 53 49(!) Shopping Days Till Christmas!” Yeah, I know:  there are still officially 57 days left in 2020. But, that’s cutting it pretty close for would-be home buyers and sellers who want to close by the end of the year. Here’s my math: Thanksgiving week: subtract Thursday and Friday (Nov. 26 and 27). Christmas:...
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Down to the Wire: Is There Still Time to Buy a House in 2018?

Cash vs. Financed Deals Is 21 days enough time to buy a home? If two of those days are a holiday (Dec. 24 -25) AND the Buyer needs a mortgage . . . almost certainly not. That’s because, with a financed deal, it takes at least 10-12 business days just to secure a mortgage. In...
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Last Call for 2018 Housing Deals

“Only 61 53 46(!) Shopping Days Till Christmas!” Yeah, I know: there are still officially 53 days left in 2018. But, that’s cutting it pretty close for would-be home buyers and sellers who want to close by the end of the year. Here’s my math: Thanksgiving week: subtract Thursday and Friday (Nov. 22 and 23). Christmas: subtract Monday and...
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Is the Seller’s Price Soft? Two Ways to Find Out

Do-it-Yourself Price Reductions “If a tree falls in a forest and no one is around to hear it, does it make a sound?” Approaching the holidays, many would-be home sellers are loath to take a price reduction, even if there’s abundant evidence that that’s overdue. Why? They know that — with fewer Buyers active —...
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Attention, Would-Be Home Buyers & Sellers: Only 3 Weeks Left to Do a Deal in 2016

Wait a second! Aren’t there still almost three months left in 2016? Not if you’re contemplating buying or selling a home — at least, if a mortgage is involved. Then, the window to complete a deal this year is rapidly closing. That’s because the typical lag time from consummated Purchase Agreement to closing is 6-8...
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