Wednesday, July 30, 2008

when to buy?

I am looking to buy in the next 6 to 12 months. Is there a certain month which is better to buy then others?

From: Todd Grima

Location: Glenelg

1 comment:

Toop&Toop Real Estate said...

The most important thing about buying real estate is buying what you want. In other words the ideal property that ‘clicks’ for someone could appear at any time. Therefore any month may be good.

An investor will generally have no emotion towards property and so will buy on location, rental return and future growth potential. Again timing during the year may not be a factor.

Another type of buyer may look for a ‘bargain’ and this is where they may target mid Winter when sales often slow up or weeks leading up to Christmas and Easter when Vendors selling may be more motivated to secure a sale before a long holiday break.

I hope this Answers your question Todd, Let me know if you would like any more information on this!