What’s the worst day to buy a lakeland fl home for sale
1. What’s the Worst Day to Buy A
Lakeland Fl Home For Sale?
Authored by: Petra Norris
2. What’s the Worst Day to Buy A Lakeland Fl Home For Sale?
What’s the worst day to buy a Lakeland Fl home for sale? You might think it’s Christmas
Day, but it’s not. It’s actually the last Friday in May!
The reason behind this is that most people start looking for homes in Spring, starting
from February through April. Most of these homebuyers eventually settle for a home in
April then they sign a purchase offer and guess when the usual closing date is? The last
Friday in May! Suddenly, there are so many closings happening on the last Friday in May.
3. What’s the Worst Day to Buy A Lakeland Fl Home For Sale?
Here are some other reasons why you should avoid buying a home
for sale in Lakeland Fl on the last Friday in May:
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The best Lakeland Fl homes for sale sell first and at a higher
price, especially if the home is located in a great location and a
desirable neighborhood. Since the home will get multiple offers,
buyers will end up paying more than they expected.
4. What’s the Worst Day to Buy A Lakeland Fl Home For Sale?
There is a chance that you might not close on time. Pending sales most often peak in the
month of April, meaning there are more than the usual number of closed sales in May.
This means more work and busy schedules for Lakeland Fl agents during May, which
results in delays and backlogs for some.
Delays in closing means having to pay higher interest rates. If you locked a loan for 30
days, the rate you locked in will expire after that period. If interest rates increase, which
is most likely once demand goes up, then you could find yourself paying a higher
mortgage due to the rise in interest rate.
5. What’s the Worst Day to Buy A Lakeland Fl Home For Sale?
Movers charge more during this period. Movers are aware that lots of people move at the
end of May. Since there is a higher demand for movers, then they charge higher fees, if
you can find an available mover to begin with. Some movers are fully booked on every
weekend until the end of July.
Now you know when the worst day is to buy a Lakeland Fl home for sale, you can take
advantage of this autumn season to go and find a home in Lakeland Fl and beat the
competition to it!
6. Petra Norris Realtor®
Lakeland FL Homes for Sale CDV TransAtlantic, Inc.
PO Box 92050, Lakeland, FL, 33804-2050
Office Phone: (863) 619-6918
Cell Phone: (863) 712-4207