TOP 10 REASONS TO BUY A HOME BEFORE THE END OF THE YEAR

Yes, it's scary out there ... but every cloud has a silver lining. The fact is that our communities are very viable and offer the timeless worthwhile features that everyone wants for their community. Good schools, charming towns, lots of parks, easy commute to the country's major employement center (NYC), wonderful neighbors, great shopping and health care. We've got it all. Now prices for our beautiful homes are even reasonable!

It is a very good time to be a buyer of a home. Below are some of the reasons why:

1. Sellers who list during the holidays are serious and are more likely to make a deal!
2. There are fewer buyers looking at this time of the year – competition for the best homes will be less than in the spring!
3. Sellers who have their homes on the market during the holiday season generally want to close by year end and so they are very motivated to consider your offer!
4. Interest rates are low now, and there are good loan programs available. A rise in interest rates and/or changes in lending guidelines can seriously erode your buying power!
5. You can buy now, and get the year end “deal”, but specify a delayed closing or extended occupancy - after the new year.
6. When you buy now you are positioning yourself to begin taking advantage of tax deductions for the entire next year.
7. The Fed has been lowering rates for the last year, and mortgage rates are close to historic lows. It is widely anticipated that they will need to start raising rates next year, making monthly payments more expensive.
8. The sooner you stop paying rent that increases your landlord’s equity, the sooner you start building your own equity.
9. It may be a good time to move your money out of a volatile stock and bond market and put it in the proven best investment, REAL PROPERTY.
10. Many sellers need to close before the end of the year for financial and tax reasons.

For listings that meet your criteria, send me an email to Trish@BestNJhomes.com with that criteria. Then you can see for yourself whether there is something to get excited about!

Looking forward to helping you achieve your homeownership dream!
Trish :)