Bragg Mutual FCU
Bragg Mutual FCU

New Home for the Holidays

The holiday season is a busy period, and it’s certainly a hassle to move during such a time. Many families, however, find this season to be prime for hunting down a bargain on a home. People are in the holiday spirit, and this could make a home sale go quickly or make it easier to negotiate a great deal.

Here are a few reasons why the holidays may be a good time to purchase your new home.

Less Competition

There is less competition, as fewer folks will be house hunting during the holidays. Plus, inventory is low during this time of the year, allowing you to compare homes without feeling overwhelmed. 

Motivated Sellers

Sellers might be actively looking to sell, hoping to settle any transactions around or shortly after the holidays. Some could be looking to relocate or just want to close a deal before the year’s end so a buyer could be positioned to get a better deal. Sellers may also be more open to negotiations and more likely to accept your offer.

Faster Closing

Not only buyers but every other professional, including lenders, brokers, and agents, are all looking to close on the sale before the year ends. With motivated parties comes a smoother and easier closing process.

Lower Prices

Less competition on the buyer’s side and having sellers who are motivated to sell will result in lower prices on homes. Generally, sellers are ready to set prices accordingly and make a deal.

Better Interest Rates

Lenders want to attract home buyers at the year-end. By choosing the right lender, you can maximize your purchasing power. 

With Bragg Mutual FCU, you can get a mortgage loan with less than 5% interest rate and reduce your closing costs by $1295 for the remainder of 2019.

Our loan consultants are waiting to help. Contact us today at 910-222-1500.

*Subject to credit approval. Rates disclosed reflect our best rates and may be different based on credit underwriting or services used. All loan or deposit rates are subject to change without prior notice. The information posted here is a service to our members. Although BMFCU strives for information accuracy, we do not guarantee or warrant information posted here. 

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PHONE (910) 222-1500