Why You Should Consider Buying a Home in the Fall
It’s no surprise that summertime is considered real estate season, but what may surprise you is that fall could be the ideal season for home buyers.
Here are a few reasons why
Negotiation and less competition
In addition to new inventory, those homes that failed to sell during prime season are most likely still available. This means that you could be in a great position to aggressively negotiate. Those sellers who have had their home on the market for months are often eager to close before the holidays.
All eyes on you
Prime season means busy realtors and other providers such as mortgage lenders and moving companies needed to complete the deal. The market generally slows down during this time, so if you’re looking for a quick response time and more assistance, buying a home in the fall may be the best option for you.
Year-end sales
Buying a new home comes with other investments as well such as new furniture, appliances, etc. These can be costly items. Be on the lookout for the end of year and holiday sales to get the best deals.
Tax Breaks
Although income taxes are inevitable, according to David Hryck, a New York, NY tax adviser, lawyer, and personal finance expert, “Property tax and mortgage interest are both deductions you can take for your whole years’ worth of income, even if you closed on your home in December.” Schedule a consultation with a financial advisor to come up with a timeline to purchase for your benefit when tax season rolls around.
Need more help? Contact me, Robin Jones, today at (402) 750-6683 (MOVE), Robin@RobinJonesHomes.com, or by clicking here. Let me help you find your dream home today!