Sunday, January 24, 2016

When is it best to sell or buy a property?

A famous question with a lot of answers.  Right now, in Chicago, we are theoretically in a Sellers market because inventory is so low.  Because inventory is so low, Buyers have less to choose from so the "good" properties are taken right away - and often times there is a bidding war.

But some people also say that the best time to buy or make an offer is in the month of January. That is because there are not as many Buyers looking so some Sellers are a bit desperate to receive an offer.  As we have always heard, its location, location, location.  In some areas Sellers could be desperate.  In other areas Sellers have the upper hand because the inventory is so low.  Your Realtor will have more information on your specific area.

Whether you are a Buyer or Seller, you will need an excellent Attorney to represent your interests.  When you have a signed contract, call my office right away.  We are happy to help you.

Posted by Bradford Miller Law, P.C.

 Real Estate Law, Landlord Tenant Law, Estate Planning
 134 N. LaSalle, Suite 1040
 Chicago, IL 60602
  312-238-9298
 http://www.bradfordmillerlaw.com/ 

 Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago estate planning attorney, Chicago real estate attorney, Chicago real estate lawyer. This is intended to be advertising. Please consult with an attorney before acting on any information given here.