Winter is A Great Time to Purchase a Vacation Home
05/15/24
Say you’re interested in owning a second home (or even your primary residence) at the beach. If that is the case, winter is the best time to get a great deal. Many vacation homeowners rent their properties to others to help offset the cost of ownership; few are eager to sell until the “season” is over. If you wait until November or later, you may catch a seller when they are most eager to sell: Significantly fewer people rent vacation homes during the winter months, but homeowners still must make payments, pay for upkeep, etc. For those reasons, an off-season vacation homeowner is often a motivated seller.
Then, if you close in the spring, you’ll be ready to enjoy your new home – or enjoy the benefits of people eager to rent the property in warmer, prime months.
Ready to explore how Sunflower Bank can assist you? Speak to a personal banker at a branch near you, contact a specialist on our Wealth Management team, or find the right financial partner on our Commercial Banking team for your business needs.
This article contains general information only. Sunflower Bank, N.A. is not, by means of this article, rendering accounting, financial, investment, legal, tax, or other professional advice or services. This article is not a substitute for such professional advice or services, before making any decisions related to these matters, you should consult a qualified professional advisor.