Fall real estate season

Fall Real Estate Season

In the fall the sellers have collected all of the summer's rental income. There will be no more rental income until next year and no help paying the bills over the winter. This is when a seller is in their best position to make a deal.

The prospect of nothing but expenditures for the next 4-5 months sometimes makes a seller open to options that they wouldn't have been in the late spring when they were looking at the prospect of lucrative income for the next 4-5 months.

Rental houses are easier to see, especially later in the fall, because of the absence of vacationers. Seeing rental properties is often possible mid-week, not just on turnover days. Beach is beautiful and weather is mild, ocean water is still warm even during the days it is cool outside.

Buyers looking to turn fixer-uppers into rental properties have the entire winter and spring to do remodeling and be ready for the next summer rental season.

The traffic also eases up so getting to the houses is not the big project it is during the simmer.

You can easily find a motel to stay for one or two nights and some of the houses are offering 3 night stays in the fall and because there are still a number of visitors the restaurants and most of the stores are open. After the tourists have gone home for the summer the beach slows down to a less hectic pace and the service in the restaurants gets better as the employees are not slammed all the time.

More Articles for buyers

Exclusive Buyer Agency

Signing an exclusive buyer agency agreement/contract sounds like a good idea. Right? Having an agent work for you is a good idea, isn't it? The problem is the agent doesn't work exclusively for you but you will have to work exclusively with the agent... read more.

OBX Lenders

There are many times that using a lender located on the OBX can be a life saver ... read more.

Home Inspections

A home inspection is a must and here are some certified and licensed home inspectors ... read more.

Home Insurance

Insurance is available for almost every property on the OBX ... read more.

Termite Inspectors

Insurance is available for almost every property on the OBX ... read more.

Surveyors

A survey can alleviate any concerns about the property lines or set backs ... read more.

Home Repairs

House Designers

Thinking about buyer a lot and building? ... read more.

Utilities

Attorneys

In NC attorneys a handle the closing procedings instead of escrow agents ... read more.

Out of State Purchases

If you find the property that you would like and are considering buying it but you live out of sate and you have to go back home, don't worry... read more

Rental Rebate

When you buy a house that already has rental reservations, there might have been money collected, and it belongs to you... read more

Flood Insurance

All of the Outer Banks is in some type of flood zone... read more

8 Ways To Avoid A Flood Prone House On The Outer Banks Of NC

Avoid buying a house that floods... read more

Home Inspections

We strongly recommend that every buyer have a home inspection done on the house or condo they are trying to purchase before the closing takes place... read more

Rental Agencies

There are many different styles of managing a vacation rental house. Each rental department has their own characteristics and there are deferent strategies involved... read more

Beach Access

Just because you are at the beach does not mean that every location is a good one... read more

Ground Floor Enclosures

If there is a ground floor enclosure, you or your real estate agent need to do some investigating... read more

Not Ready Yet

Not quite ready to take the big step? No hurry, just start doing your homework now... read more

Attorneys

The buyer and the seller each need to hire their own attorney... read more

Square Footage

The actual square footage of the houses might not be what is advertised... read more

Earnest Money

When an offer is written on a piece of real estate, one of the items that needs to be addressed is the earnest money... read more

Title Insurance

Title insurance protects your deed against any problems which show up after you make your home purchase... read more

Seasonal Buying Trips

Long distance traveling to look at houses you might consider purchasing requires some planning. Here are a few weather related tips for planning your trip.

Spring This is the time to get your foot in the door and have all of the prepaid rental reservation money refunded to you at closing... read more

Summer Once the the summer vacation season arrives it becomes much harder to look at homes for sale... read more

Winter When the cold set in, the Outer Banks becomes deserted and deals can be found... read more

Real Estate Forms For Buying

Here you will find some of the various forms used in purchasing real estate in North Carolina... HERE