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Is There a Black Friday in Real Estate?

imagesIt’s that time of year again.  When millions of people gird up their wallets and storm the shopping malls of America.  We’ve had Black Friday and now Cyber Monday, but what is there for real estate? Is there such a thing as Black Friday?  Well, the answer is yes…..sort of.  Let me explain.

We all know how busy the month of December is.  With holiday shopping, company parties,  and family get-togethers there’s not much time to do anything else including work.  Can you imagine having to sell your house or move in December?  This is exactly where the opportunity lies.

For a select few people there are some good deals to be had in December.  People that are on a deadline to sell their house, for whatever reason – it could be a company move, a death in the family, financial reasons, etc. are extremely motivated.  Since there are few buyers to be had in December the sellers are often motivated to lower their price in order to get the deal done.

Not only do sellers look to lower their sell price, but they have been known to sweeten the pot with other incentives such as energy efficient appliances, big screen televisions, and even season tickets to football games.

However, buyers should heed caution if enticed with eye catching add-ons.  Mortgage brokers have to adhere to strict guidelines for lending and these add-ons must be handled in an appropriate manner.  Not doing so could cause problems with your closing date or even worse cause the deal to fall through all together.

With that being said, if you have the time this holiday season to do some house shopping you could be one of the fortunate ones that gets to snag a deal on a new home much like Black Friday shoppers get to do on electronics and home goods.

If you are looking for a home in the Middle TN area we have a team of qualified, licensed professionals that can help you find the right deal for your budget.  With our years of experience we know exactly where to lead you in finding the home of your dreams.

Give us a call and let us show you what we can do

Happy Shopping!

EXIT Realty Bob Lamb & Associates is Murfreesboro’s most innovative real estate team. 

EXIT Realty Bob Lamb &Associates2630 Memorial Blvd, Murfreesboro, TN 37129

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Our agents write often to give you the latest insights on owning a home or property in the local area.