Tuesday, November 8, 2011

5 Reasons to Buy a Deep Creek Lake Home This Holiday Season!

Buying a home on Deep Creek Lake may be the last thing on your mind with the holidays quickly approaching.  However, buying a home within the next few months could play in your favor!  There are a number of beautiful homes currently on the Deep Creek Lake Real Estate market and, as expected, many buyers have planned to put off their house hunting until after the first of the year. 
As Deep Creek Lake Real Estate agents here at Coldwell Banker Deep Creek Realty, we see the Deep Creek Lake Real Estate market ebb and flow with the seasons. Armed with years of experience, we thought we’d highlight five of the reasons why you should consider buying a home during the holiday season!  Take a look!
1. Lower Prices- With the lack of people searching during the holidays for a home on Deep Creek Lake; prices soften a bit. You can view our website, DeepCreekRealty.com, to see a list of my current homes for sale on Deep Creek Lake! 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 Deep Creek Lake 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 Deep Creek Lake 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 Deep Creek Lake tax advisor to talk over the full details.
As you can see, these are pretty substantial reasons as to why buying a home during the holiday season makes sense.  Of course, we’re here to help and can guide through an efficient and stress free home buying experience!  
Please feel free to contact us today to learn more about the homes that are currently available on Deep Creek Lake or to meet with one of our qualified Deep Creek Lake Real Estate agents!  We would enjoy the opportunity to meet with you and help you get settled in your Deep Creek Lake home before the new year!

Patrick Kane
Sales Manager/Co-Owner
Coldwell Banker Deep Creek Realty
Your Deep Creek Lake Real Estate Expert

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