While it’s not the most popular time to buy a house, you might not want to rule out the holidays to go house hunting. ’Tis the season of less competition. That combined with motivated sellers and year-end tax benefits, those are reasons enough on why you should at least go to a few open houses and check out North Scottsdale homes for sale. But here are a few other good reasons.
Reduced prices
While many of your are out shopping this time of year, you probably aren't shopping for North Scottsdale homes for sale. But it’s something to consider since there are fewer buyers out house hunting. As a result, the homes on the market are priced to sell. You also don’t have to worry about bidding wars.
Flexible schedules
Since a lot of people are using up vacation time at the end of the year, Monday-Friday is a good time to shop for North Scottsdale homes for sale. Chances are there won’t be as many people looking on weekends.
Motivated sellers
If someone puts their home on the market in December, there’s usually a specific reason for it and typically means they need to move right away. That gives you the advantage of trying to negotiate a great deal and a closing date that’s convenient for you.
Tax benefits
If you buy a North Scottsdale home for sale and close before the end of the year, you can deduct property taxes, mortgage interest, interest costs, and origination points on your loan.
Lending decline
Around the holidays, mortgage brokers usually aren’t too busy. This gives you an advantage in hopefully getting special incentives when applying for a loan on a North Scottsdale home for sale. Turnaround times should be quick, as well.
Vendors
Another advantage of moving into a North Scottsdale home for sale is it’s usually easy to book movers in December on short notice. You might even be able to get a better deal like a few hours of moving for free. The same goes for repairmen, contractors, and home inspectors.
Before you Deck the Halls in your current house, consider shopping for a new home in December. It’s a much easier process at the end-of-the-year due to not as many people moving. You might actually save money on the price, mortgage, and on vendors.