Buying a home now in the Charlotte area means you'll be able to take advantage of some key benefits the marketplace is offering.
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A lot of people don’t even entertain the possibility of buying a home in the fall or winter months. Contrary to popular belief, we think that this is a great time of year to buy a home. Here are five reasons why:
1. Less competition. For houses that are on the market, there are fewer buyers right now. There aren’t as many people to compete against for the best houses, giving you a better shot at securing them.
2. Tax advantages. If you buy towards the end of the year, closing costs and property taxes would be deductible. These benefits are unique to home buying.
3. Close faster. The main reason transactions close faster during this time is because there aren't as many transactions. Attorneys, inspectors, and lenders have less work, so the process moves along a lot faster.
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The process moves along much quicker in the fall.
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4. Motivated buyers. They want to get moved and settled in before the holidays.
5. Lower interest rates. The Fed is suggesting that they will increase interest rates next year. Buying now means saving a lot on your loan long term.
If you have any questions for us or you are looking to buy or sell soon, give us a call or send us an email. We would love to hear from you.
