5 Benefits of Buying A House At Year’s End

With 2018 winding down we give you “5 Benefits of Buying A House At Year’s End”. The 4th quarter is a great time to buy.

Tax Savings

If you close by December 31st, you can deduct mortgage interest, property taxes, points on your loan and interest costs.

Motivated Sellers

Many sellers want to enjoy of tax savings on the next home they purchase. They may accept lower bids, in order to meet Uncle Sam’s deadlines.

Builder Incentives

If you’re buying a house that is brand new, there’s a good chance builders may close the books on their year so they can meet quotas.

Availability

Moving companies are more readily available.

Consistent Payments With a Fixed-Rate Loan

Landlords often increase rent to start a new year.