Top Ten Reasons to Buy a NEW Home before year end!

By
Real Estate Agent with Keller Williams Realty
Here are our TopTen reasons why the next 30 days will be the BEST POSSIBLE time to Buy a New Home!

1.  End of Year Incentives - Builders don't like to pay taxes on inventory homes.  They don't like inventory to show on their annual financials.  Their Bankers don't like them to have inventory on their Balance Sheets.  Up until December 31, they are HIGHLY MOTIVATED to make you a deal you can't refuse. (By the way, they don't always advertise these incentives to the public, but your REALTOR knows.)  The incentives usually go away January 1.

2.  Interest rates are at all-time lows.  That makes new homes super affordable.  Qualified Texas Veterans can borrow @ 2.91% for 30-year fixed (1/2% less if 30% or more disabled).  We don't originate loans - Contact your lender for details.  Rates may change without notice.

3.  Since October of 2011, energy standards have dramatically improved.  With current standards, you could save $100 or more per month on your utility bill over a similar 3 year old or older home.

4.  A new home makes a wonderful Christmas gift for the whole family! There is nothing more exciting!

5.  No one has ever used the tub or cooked in the kitchen in a new home.  No nail clippings hiding in the carpet.  :)

6. Kids are out of school, and can help with the moving chores.  They can get settled in your new home prior to the start of the new school term.

7.  Make your deal BEFORE we all go off the Fiscal Cliff. No one knows for sure what is going to happen after January 1.  You may be in whatever home you have on Jan 1 for quite a while.  Make it a NEW one.

8. Remember Post-Katrina, when prices on building materials went way up.  Remember Sandy?  What do you think is going to happen to building material prices this time?

9.  Virtually ALL Builders start the new year with a price increase.

10.  TAXES!  Write off closing expenses THIS YEAR AND declare your Homestead for the full year in 2013.

Comments (1)

Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Yes, Doc and Ellen. These are all Great Reasons to buy a new home before the year is gone. I have been amazed at some of the incentives that have been offered for both the buyers and the agents.

Have a Wonderful Evening!

Nov 15, 2012 11:05 AM