Why Buy or Sell Hilton Head Real Estate before year end!
We love this time of year. The pace is slower, the properties are better and the negotiations more relaxed. If you are a seller, there are steps that we can take to close out your property by year end. If you are a buyer there are present opportunities that are available now that will be gone come the new year.
Why Buy Hilton Head Property before year end!
- Interest Rates are Low
- Prices are low
- Selection is at its best
- Sellers are more motivated to close out by year end
- The elections and hurricane are over
- The longer the hold the better the deal with these present interest rates
- Banks are paying practically nothing on passbook savings
- It is easier to get the property ready and into a rental program for a successful season ahead
- If you are closing by December 31st, you can deduct your equity costs and property taxes on your income tax return.
- The moving and closing process can be easier in the winter months on Hilton Head Island
Why Sell Hilton Head Property before year end?
- Write off the loss or gain in the current calendar year
- Less properties listed for sale, therefore less competition for at this time of year
- Many homeowners look to sell at year-end in order to get a tax deduction when buying new homes.
- Properties look their best during the Holidays
- More serious qualified buyers look during the off season on Hilton Head Island although there are fewer showings the buyers are better!
- Investors typically purchase real estate in the off season and are motivated to close by year end
- January is one oft the biggest transfer months because many buyers take advantage of off season opportunities
- The internet has created an off season market for real estate on Hilton Head Island
Timing is everything for Buyers and Sellers
No matter who you are a Hilton Head buyer or seller, there is still time to buy or sell between now and the end of the year. Give us a call 800-932-3652 or shoot us an email for a market analysis and update.
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