Should You Buy a Property During the Holiday Break?

Home Buyers Australia Podcast

In this seasonal episode of the Home Buyers Australia Podcast, Jack Corbett and Damien Walker discuss the opportunities and challenges of buying property during the Christmas period. They highlight why the festive period can be a strategic time to buy, with reduced competition, motivated sellers, and the potential for negotiating a better deal. This time of year brings a unique set of challenges. Our hosts address the logistical hurdles, including limited listings, conveyancers and banks shutting down, and the importance of planning ahead.

Jack and Damien provide actionable tips for navigating the end-of-year property market, such as securing a fully assessed pre-approval, being prepared for extended settlement times, and working with your property team to align expectations during the holidays. They also emphasise how stale listings and motivated vendors can present unique opportunities for buyers willing to look outside their price range. If you're looking to secure a property before the new year or prepare for the January market, this episode is packed with practical insights to help you make informed decisions.

In this episode, you will learn:

• Why the Christmas season can be a buyer’s market.
• How to identify and negotiate with motivated sellers.
• The importance of securing a fully assessed pre-approval to avoid delays.
• Why understanding conveyancer and bank holiday schedules is critical.
• How to approach stale listings and uncover hidden opportunities.
• The importance of aligning timelines with all stakeholders to avoid setbacks.
• How to strategically plan for the new year and position yourself as a serious buyer.

TIMESTAMPS:

00:00 Introduction

00:23 Why Would Anyone Buy Before Christmas?

02:29 Motivated Sellers and Flexible Vendors

05:28 The Challenges of Buying During the Holiday Period

08:21 Navigating Pre-Approvals and Bank Delays

09:36 Looking outside your price range

19:50 Buying early in the New Year

ABOUT THE PODCAST:

Are you dreaming of owning your own home? Home Buyers Australia is your ultimate guide to navigating the Australian property market. Join mortgage broker Damien Walker and buyer's agent Jack Corbett as they break down the home buying process into easy-to-understand steps.

Damien Walker, a mortgage broker at Atelier Wealth, specialises in helping Australians navigate the complexities of property finance. With years of experience in the industry, Damien’s insights are invaluable for those looking to build a robust property portfolio.

Jack Corbett, a buyer's agent at Corbett Property Buyers, brings a wealth of knowledge in identifying and securing high-potential properties. Jack's expertise ensures clients make informed decisions that align with their long-term goals.

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