December the month of Winter holidays can bring you with lots of benefits especially if you have thought of buying a new house. This season best part is that it has low buyer competition. You can even find homes that are on sale and grab the best deal in the most wonderful time of the year.
So do not think much and don’t wait next year to come, get ready to cancel all your plans for holidays and hunt for a new house with lots of benefits. In this month, the sellers are very much motivated and with the advantage of year-end tax.
Some benefits of this month houses hunting are:-
- Seller’s Motivation: – While buying the house it’s very important that seller should be motivated sometimes the seller move by some reasons like job relocation, financial hardship or sometimes by some change in circumstance. So here comes an opportunity to negotiate a deal.
- Price Negotiable: – This month can bring you the advantage of the bargain the prices. As in this month, there are countless holidays, parties and festivals so these can be in your favor of purchasing a home. The number of buyers is less so the seller can price you less.
- The benefit of Taxes: – The years end is the time when tax time rolls around for buying a home. As there will be a deduction on property taxes, interest cost and mortgage interest. So you have a wonderful time is for huge money savers. There is also deductions from your loan.
- A lull in the mortgage lending : – This month is a lean month for mortgage agents. Everyone is busy with celebrations of this month so because of this there is fewer transaction for real estate purpose. The best part are that loan officers are very well motivated and can give you the best offers and also special incentives and as there are very few loans then your work will be quickly done and you can close your purchase in a month’s time.
- Incentives of Builders: – As the year is going to ends then the builders put incentives on newly constructed homes. This is also an ideal time to buy a new house. They launch the deals on last few days of the month of December so they can be particularly important for deals.
- Have a Flexible Schedule: – You should not wait till weekends for the house hunting. Prefer a weekday to check out the availability to cram houses which are in your schedule. This will fruitful to you.
So with these benefits of the December month, you can purchase a wonderful house at a negotiable price. Don’t get late and utilize the remaining days to grab the best deal and start your new year in your newly purchased house.