If you’ve been on the fence about buying a home, the end of the year may be the perfect time to start your homeownership journey! There are many advantages to buying a home at the end of the year - keep reading below for some of those top benefits. 

Have a Break to Move 

Getting a new home for the holidays often comes at just the right time with work and school calendars. With most schools being out for a few weeks and employers being a bit more flexible at the end of the year with multiple holidays back-to-back, moving into your new place could be easier than you think with some extra PTO backing you.  

Take Note of the Weather 

Want another reason to buy in the winter? You can see the home’s true colors in harsh weather conditions. If you live somewhere where the temperatures drop and proper insulation and heating are a necessary factor, checking out homes in the winter season may allow you to double-check that some of those requirements are in proper working condition.  

Tap Into Negotiation Power 

Did you know that buying a home can provide you with some tax benefits? By closing before the end of the year, you can deduct things like interest and property taxes, which could be a significant deduction! For the seller, there are also tax incentives relating to selling a home before the end of the year, so negotiation power could be on your side if the seller is really motivated to close by 12/31. 

Have Less Competition 

It’s no secret that people like to move in the summer months when school’s out. If you’re looking to buy in a non-summer month, odds are there will be less competition for homes because fewer people are looking to move!  

For more information on the mortgage process or help navigating your specific situation, reach out to a qualified loan originator at one of our InterLinc branches today!