Don't forget about home maintenance during busy summer months. Stay on track with our project checklist.Clean outdoor patio furniture and grilling equipmentInspect all outdoor recreational
8 Benefits Of Buying A House At Years End
1. Tax savingsIf you close by December 31, you can deduct mortgage interest, property taxes, points on your loan and interest costs. These deductions are significant, especially in the early years of your loan when you’re paying off a lot of interest.
2. Motivated sellersMany sellers want to enjoy tax savings on the next home they purchase. They may accept lower bids in order to meet Uncle Sam’s deadlines. However, if you’re in a strong seller’s market, you’ll want to be conservative and heed advice from your real estate professional.
3. Builder incentivesIf you’re buying a house that is brand new, there’s a good chance builders may push to close the books on their year—and meet quotas. They may offer upgrades or little extrasto sell houses before the calendar turns.
4. Available moversMany moving companies are booked six weeks or more in advance during the busy summer months. In the fall and winter, it’s normally easier to secure the services of amoving company or rental equipment on shorter notice.
5. Paying toward something you ownIf you’re renting, your monthly check goes toward something that will last you a month: You’ll never see any return on that money. When you buy a house, your monthly mortgage payment goes toward an investment—and ultimately a roof that’s yours.
6. Consistent paymentsLandlords can increase your rent. Once you secure a mortgage, you can rely on consistent payments if you have a fixed-rate loan.
7. Freedom to renovateModernize your kitchen, paint your home’s exterior neon orange, change your fixtures orreplace your carpeting; whatever inspires you, no one can tell you, “No!”
8. Gaining equityIn the beginning, most of your payment goes toward interest. But gradually more will go toward paying off your principal, meaning you build up equity—or savings—in your home. Another factor in equity is appreciation: As home values rise, so does your rate of equity.
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Home Buying ProcessI am comfortable that we share the same goals and are dedicated to the same outcome, closing!In our efforts to move forward to this end I have outlined the most common steps in