If you’ve visited my Lake Nacimiento website today because you’re considering buying a home in Oak Shores or Heritage Ranch at some point in the future, you may be leery of jumping head first into the real estate market right now. Oftentimes, buyers think that searching for a home during the upcoming holiday season may not be ideal, when in fact, the opposite could be true!
As one who’s worked in the Lake Nacimiento Real Estate market for over twenty years, there are obvious times of ebb and flow on the market. However, there are some distinct advantages of buying a home around the holidays that you may not have considered. Take a look!
1. Lower Pricing– With the lack of people searching during the holidays for around the holidays; prices soften a bit. You can view homes currently for sale in Oak Shores or Heritage Ranch right here on my website!
2. Less Competition– Many buyers don’t think to take advantage of house hunting during the holidays, so you’re sure to avoid any bidding wars that would occur at a peak point on the Lake Nacimiento Real Estate market. This will mean a less stressful home buying experience for you!
3. Motivated Sellers– Sellers dread not being able to sell their homes before the holidays get under way. They’re very aware that most are not in the market to buy a home until Spring rolls around, which means; they’re motivated. They know showings of their home will greatly decrease, so any activity on their home is good news. Oftentimes they’re willing to come down on the price or be flexible with closing dates, and other extras.
4. Favorable Mortgage Terms– Mortgage lenders may be willing to lower interest rates or let go of some of their fees in order to gain your business. With fewer people shopping for homes; they will be experiencing a slower time in their business as well. Be sure to shop around to get the best possible deal. Your Lake Nacimiento Real Estate agent will help point you in the right direction.
5. Tax Deduction– Closing before the end of the year can mean you are eligible to deduct the interest component of your first monthly mortgage payment from your taxable income for this year. You may also be able to deduct any money you pay for points to reduce your interest rate. Of course you’ll want to consult with a local tax advisor to talk over the full details.
If you’d like to learn more about the current Lake Nacimiento Real Estate market, are ready to view homes that are currently available in Oak Shores and Heritage Ranch or have more questions about buying a home before the end of the year; please feel free to contact me today!
I look forward to hearing from you!
Grace Borzini
Your Local Lake Nacimiento Real Estate Expert
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Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.
Please let us know how we can help!