With the holiday season just around the corner, buying a home on Lake Nacimiento may be the last thing on your mind. However, if you’ve been considering finding your dream vacation getaway or have been thinking about settling in permanently to Lake Nacimiento; the holiday season may be the ideal time to jump into the Lake Nacimiento Real Estate market!
There are many great homes currently for sale in Oak Shores or Heritage Ranch, but many buyers have decided to continue their search after the new year. As a Lake Nacimiento Real Estate agent, I’ve seen how the market can change its’ pace from season to season, and with less activity on the market during the holidays; searching for a home within the next few months can really be to your advantage. Here are the top five reason why!
1. Lower Prices– With the lack of people searching during the holidays for a home in Oak Shores or Heritage Ranch; prices soften a bit. You can view our current homes for sale on Lake Nacimiento to get an idea of what’s available on the Lake Nacimiento Real Estate market. You’ll notice these homes are priced to sell and are a great deal for buyers.
2. Less Competition– Many buyers don’t think to take advantage of house hunting during the holidays, so you’re sure to avoid any bidding wars that would occur at a peak point on the Lake Nacimiento Real Estate market. This will mean a less stressful home buying experience for you!
3. Motivated Sellers– Sellers dread not being able to sell their homes before the holidays get under way. They’re very aware that most are not in the market to buy a home until Spring rolls around, which means; they’re motivated. They know showings of their home will greatly decrease, so any activity on their home is good news. Oftentimes they’re willing to come down on the price or be flexible with closing dates, and other extras.
4. Favorable Mortgage Terms– Mortgage lenders may be willing to lower interest rates or let go of some of their fees in order to gain your business. With fewer people shopping for homes; they will be experiencing a slower time in their business as well. Be sure to shop around to get the best possible deal. Your Lake Nacimiento Real Estate agent will help point you in the right direction.
5. Tax Deduction– Closing before the end of the year can mean you are eligible to deduct the interest component of your first monthly mortgage payment from your taxable income for this year. You may also be able to deduct any money you pay for points to reduce your interest rate. Of course you’ll want to consult with a Lake Nacimiento tax advisor to talk over the full details.
As you consider whether now is the time you want to buy a Lake Nacimiento home, I hope you take these five factors into account! I would love to help you navigate through the Lake Nacimiento home buying process this holiday season and can assure you that you’ll find it can be a seamless and efficient transaction.
Please feel free to contact me today to get started!
Your Local Lake Nacimiento Real Estate Expert
Oak Shores Realty
Oak Shores Realty specializes in Oak Shores at Lake Nacimiento properties. Please contact us today to get more information on Lake Nacimiento lake homes. Oak Shores Realty can also provide you an insiders “Lake Nacimiento Buying Guide” with great information including maps and market information.
Please let us know how we can help!