By Denver Beukes
There is something magical about finding a home during the winter season in Namibia. Imagine moving into a cosy house with a fireplace, surrounded by the serene beauty of the Namibian landscape. Winter can highlight the charm and warmth of a home, making it feel even more inviting. Winter in Namibia is a unique and beautiful time of year.
The cooler temperatures and clear skies create an ideal backdrop for house hunting. While many people might think that summer is the best time to buy a home, winter offers its own set of advantages that can make your search for the perfect home both enjoyable and successful. At Letshego Bank, we offer free pre-approvals for home loans and cost-inclusive mortgage financing, along with free homeowner’s insurance for the first three years. This can help you secure your dream home before the winter season is over. Here are some tips to help you find a suitable home during the winter season in Namibia:
1. Take Advantage of Less Competition
During winter, fewer people are turning up to view houses, which means less competition for you. This can lead to better deals and more negotiating power. Sellers may be more willing to lower their prices or offer favourable terms to close the deal faster.
2. Use the Availability of Professionals
Real estate agents, mortgage brokers, and home inspectors often have more availability during the winter months. This means you can receive more personalised attention and quicker responses to your enquiries. The slower season allows these professionals to dedicate more time to helping you find and secure your perfect home. Real estate agents can help you find motivated sellers who can work in your favour, leading to better prices and terms.
3. Inspect the Property Thoroughly
Look for signs of water damage, check the roof for leaks, and inspect the gutters and drainage systems. These inspections can help you identify potential problems and make informed decisions.
4. Consider Financial Benefits
Closing on a home can offer financial benefits, such as tax deductions for mortgage interest, property taxes, and other home-buying expenses. These deductions can provide a welcome boost to your finances.
Buying a home in winter gives you the opportunity to plan for spring renovations and landscaping projects. You can start envisioning how you want to transform your new space once the weather warms up.
With less competition, motivated sellers, a more relaxed home viewing experience, favourable financial benefits from Letshego, and the availability of professionals, winter offers unique advantages that can make your home-buying journey successful. Embrace the season’s charm, take advantage of the opportunities it presents and let Letshego help you acquire your dream home.
Denver Beukes is Home loans Manager at Letshego Bank Namibia