Realtor.com today unveiled their 8 Benefits of Buying a House at Year's End. A few of those points made apply to no matter when you buy, but those which happen to apply for the end of the year include:
- Motivated sellers
- Builder incentives
- Available movers
No matter when you buy, it will be heavy interest up front. That's just the way mortgages work. The benefit to it is your deductions. You can deduct mortgage interest, property taxes, points on your loan and interest costs, in addition to other things, on your taxes every year.
If you're wanting to buy a new home for the holidays, the ultimate Christmas gift for your family, contact me today to get started!