The 2016 calendar is dwindling down and while most are out holiday shopping, you should be searching for the home of your dreams. Here are two BIG reasons to house hunt in December.
1. Time…is on your side, yes it is!
Motivated Sellers—Their reasons to move can vary from job relocation, financial hardship, or personal opportunity. Either way, you could benefit from the urgency of a sale.
Fewer Buyers—Giving you the opportunity to find the house you love without being outbid, bombarded by multiple offers and additional clauses.
End-of-the-Year Quotas—Home builders try to the close the books by lowering prices, adding upgrades, or add holiday incentives.
Accessible Vendors—Movers, repairmen, and contractors are ready for work in this slow time and may be able to offer you better pricing than in the summer.
Holiday Vacation—Paid time off allows for adequate time in moving out and moving in. Plus, you have all the extra hands with family in town.
2. Money…the biggest motivator.
Tax Benefits—Purchase a home before December 31st and receive deductions on property tax, mortgage interest loans, interest cost, while earning equity on your house. Money received on tax returns will benefit you when applying to your home loan while the interest may be high.
Fast Transactions—Processing loans, real estate contracts, and underwriting will be done in a timely fashion giving you time to choose the best option financially.
30 Day Push—Realtors want the quick sale just as much as the sellers. Buying a house in under a month gives you the upper hand in negotiating closing costs or waive fees to get the transaction done.
Investment—Purchasing a home is investing in your future. There’s no need to worry about landlords increasing rent, because the monthly mortgage payment is building into equity as oppose of paying rent a month at a time.
When the paperwork is all signed and you are ready to transition into your new home, let Foxx Movers help make the move painless and affordable.