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.