It’s the most wonderful time of the year — but is it the right time to sell your home? While it may seem like you’re too busy to bother with real estate, there are several advantages to a holiday home sale. Consider these merry and bright ideas.
The beauty of the season. Your house never looks more like a “home” than when it’s decorated for the holidays. A festive and inviting home will attract buyers who are looking for a place to make memories of their own. By bringing out the best decor, your home will sell the idea of warmth and family like no other time of year.
Real estate pros will be ready and eager to work with you. Since it’s traditionally a slow time of year for real estate, listing agents and mortgage lenders will be excited to work with you in order to gain some new business. You will be more likely to get the most attention, and the transaction will happen faster than it would in the busier spring season.
Tax Incentives. Savvy home buyers will know that purchasing a home before the end of the year will entitle them to tax benefits. They will be able to write off some of the expenses of the home purchase on their taxes. They also may be able to deduct mortgage interest and private mortgage insurance premiums. As taxes become more of a focus, a prospective buyer may be particularly motivated to close on a new home before the New Year.
Selling your home during the holidays may turn out to be the best gift you can give yourself!