8 Tips to Keep in Mind when Selling Your Home in Winter

Advice

8 Tips to Keep in Mind when Selling Your Home in Winter

Despite popular belief, there are benefits to selling your home in winter.

Yes, there are unique challenges to keep in mind, and adding to the mix this year is the Jan. 1 introduction of a “stress test” affecting buyers with a down payment of 20 percent or more. These buyers must now qualify for a higher rate than their contract rate, which means they can’t afford quite as much property as they could last year.

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