Whether you are in-between homes or looking to buy for the first time, it's not too late to be in your first home by the start of 2017. With the holidays around the corner, the November and December months provide a unique opportunity for buyers on the hunt.
Here are three great reasons to purchase by the end of 2016:
- Tax Benefits
Purchasing your home by the December 31st cutoff for your 2016 taxes allows you to take any tax deductions available to you. Speak with a tax accountant to learn more about what these deductions are and how to maximize your returns. While closing in January doesn’t lose any of those deductions, they won’t be available to you till you file your 2017 taxes in April 2018.
- Negotiate with Motivated Sellers