Ring in the cheer with egg nog, string lights, holiday cookies…and a new home? While it may sound strange, trust us, it’s not! The holiday season is an excellent time for you to go house hunting. Today we’re providing 5 solid reasons to house hunt during the holidays. So, if you’re ready to get the gift of a home before the end of the year, keep reading to learn more.
The 5 Reasons to House Hunt During the Holidays
Less Competition
With holidays come travel, and that means more potential homebuyers are heading out of town to visit loved ones. While that’s a loss for them, it’s a win for you! You can take advantage of less competition and roam open houses without the added pressure of another buyer being ready to take the sale. This gives a much more laid-back feel to the seasonal shopping experience. A pleasant plus, indeed!
Greater Selection of Move-in Ready Home
For buyers looking to purchase a high-quality home in a hurry, Soundbuilt has an excellent selection of move-in-ready homes. These homes give buyers all the benefits of new construction without the wait! Quick-delivery homes are a perfect option for renters looking to lock in a more permanent monthly payment. As rents are set to increase to all-time highs, experts suggest buying a home may be one of the best ways to help stabilize some of your monthly expenses. Potential buyers should consider that locking in an attainable rate can help make your dreams of homeownership a reality before prices increase further.
Holiday Deals
Take advantage of our end-of-the-year Super Savings event. These limited-time programs are offering Western Washington homebuyers a second chance at the prices enjoyed in the early months of 2021, along with promotionally low rates offered by their preferred lenders. Our latest offer combines our price crusher and rate shield to create a comfortable monthly payment exclusive for you. You can get up to $155,000 in lifetime savings on an FHA loan of $578,025. With the price crusher, buyers can save up to $90,000 on their new homes.
Tax Breaks
One of the most popular tax breaks is the mortgage interest deduction, which allows you to deduct the interest you pay on your mortgage from your taxable income. With this deduction, it’s often possible to save thousands of dollars on your taxes. For this reason, many people choose to wait until the end of the year to buy a house so that they can take advantage of this deduction. However, there are a few things to keep in mind if you’re considering this strategy.
First, you’ll need to make sure to close on the house before December 31 to claim the deduction. If you’re looking for a way to reduce your taxable income, buying a house before the end of the year can be a great option.
Final Thoughts on Holiday House Hunting
In the end, the holidays are advantageous. Whether you find incentives with end-of-the-year tax breaks or are ready to cash in on Super Savings, the holiday season is for you! If you’re ready to kickstart your home journey, let the Soundbuilt team help you! Give us a call today.