{"id":131,"date":"2016-10-07T18:58:21","date_gmt":"2016-10-07T18:58:21","guid":{"rendered":"http:\/\/onpointcarolinasrealty.com.user.hoster905.com\/?p=131"},"modified":"2017-04-06T18:59:06","modified_gmt":"2017-04-06T18:59:06","slug":"myth-busted-buying-a-house-in-october-is-not-very-spooky","status":"publish","type":"post","link":"https:\/\/onpointcarolinasrealty.com\/?p=131","title":{"rendered":"Myth Busted: Buying A House In October Is Not Very Spooky"},"content":{"rendered":"<p>Don\u2019t let the ghosts and goblins scare you away from buying a home in October. According to the real estate experts at <a href=\"http:\/\/www.realtytrac.com\/statsandtrends\/nc\/iredell-county\/mooresville\/?address=Mooresville%2C%20NC%20&amp;parsed=1&amp;ct=mooresville&amp;cn=iredell%20county&amp;stc=nc\"><span class=\"scayt-misspell-word\" data-scayt-word=\"RealtyTrac\" data-scayt-lang=\"en_US\">RealtyTrac<\/span><\/a> and others, October is the best month to purchase a home. It\u2019s not what\u2019s in the witches\u2019 brew but what\u2019s in the hard data. Here\u2019s a list of reasons why October is the best time to invest in real estate.<\/p>\n<h2>Home Buying In October Is The Better Deal<\/h2>\n<p><span class=\"scayt-misspell-word\" data-scayt-word=\"RealtlyTrac\" data-scayt-lang=\"en_US\">RealtlyTrac<\/span> cites that homebuyers were able to score an average price of 2.6 percent below market value during the month of October. And there\u2019s a reason for that. The after back-to-school season and before the holiday roll in are typically slow in the real estate market. That being said, home sellers are just much more willing to negotiate on price. And sellers who have had their homes on the market since the summer start to get nervous and begin to lower the price. When the dog days of summer are behind, there\u2019s always an end-of-season cool down. As a house hunter in October, the buyer crowd has thinned out, as the kids have settled into school. All around, the end result is that October gives homebuyers the upper hand in negotiating a good deal.<\/p>\n<h2>Rising Interest Rates<\/h2>\n<p>With the potential of rising interest rates, it just means that you can buy less house. The lower the rate, the more house you can afford. If a new home is on your radar and you\u2019ve got enough for a down payment and closing costs, strike while the interest rates are still low. Avoid the mortgage rate roulette and changing lending rules by buying a home in October. It\u2019ll offer you significant financial benefits.<\/p>\n<h2>End of Year Tax Perks<\/h2>\n<p>Buying a home before the end of the year comes with a variety of tax benefits. Tax benefits include the ability to deduct interest paid on the mortgage and a reduction in the amount of federal income tax withheld. Property taxes and some closing costs are also tax deductible. It\u2019s just more monies in your wallet.<\/p>\n<h2>Builder Incentives<\/h2>\n<p>If you\u2019re purchasing a home that\u2019s brand new, there\u2019s a good likelihood that the builder may push to close the books on the year to meet quotas. You just may get an offer upgrade or a few little extras for free before the month is over or the calendar year turns. Buying a new home in October just may get you some free goodies.<\/p>\n<h2>Cool Weather Reveals System Problems<\/h2>\n<p>When the temperature drops, it\u2019s much easier to identify issues with drafts and problems with the home\u2019s insulation and drainage system. Checking out the gutters and HVAC system can help you size up how the home has been maintained and what repairs may be needed.<\/p>\n<p>Easier Move<\/p>\n<p>Buy a home in October and close on it in October, and you can move in without the hassle of cold weather, ice and snow. No slipping and sliding or having to cope with extreme cold. It\u2019s just one more reason why October is a great month to buy a home.<\/p>\n<p>October is already underway, so it\u2019s time to get cracking if you\u2019re house hunting. <a href=\"http:\/\/onpointcarolinas.com\/forms\/get-in-touch\/\">Contact a realtor<\/a> and find out what\u2019s on the market. This way, you can reap the many benefits of buying a home in October.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Don\u2019t let the ghosts and goblins scare you away from buying a home in October. According to the real estate experts at RealtyTrac and others, October is the best month to purchase a home. It\u2019s not what\u2019s in the witches\u2019 brew but what\u2019s in the hard data. Here\u2019s a list of reasons why October is [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":132,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"coauthors":[26],"class_list":["post-131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Myth Busted: Buying A House In October Is Not Very Spooky - On Point Carolinas Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/onpointcarolinasrealty.com\/?p=131\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Myth Busted: Buying A House In October Is Not Very Spooky - On Point Carolinas Realty\" \/>\n<meta property=\"og:description\" content=\"Don\u2019t let the ghosts and goblins scare you away from buying a home in October. According to the real estate experts at RealtyTrac and others, October is the best month to purchase a home. It\u2019s not what\u2019s in the witches\u2019 brew but what\u2019s in the hard data. Here\u2019s a list of reasons why October is [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/onpointcarolinasrealty.com\/?p=131\" \/>\n<meta property=\"og:site_name\" content=\"On Point Carolinas Realty\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/OnPointCarolinasRealty\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-10-07T18:58:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-04-06T18:59:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/onpointcarolinasrealty.com\/wp-content\/uploads\/2017\/04\/octoberBest_med.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@onpointrealty\" \/>\n<meta name=\"twitter:site\" content=\"@onpointrealty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kim McBee\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/onpointcarolinasrealty.com\/#website\",\"url\":\"https:\/\/onpointcarolinasrealty.com\/\",\"name\":\"On Point Carolinas Realty\",\"description\":\"Top Realtors in Mooresville NC | Lake Norman NC\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/onpointcarolinasrealty.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/onpointcarolinasrealty.com\/?p=131#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/onpointcarolinasrealty.com\/wp-content\/uploads\/2017\/04\/octoberBest_med.jpg\",\"contentUrl\":\"https:\/\/onpointcarolinasrealty.com\/wp-content\/uploads\/2017\/04\/octoberBest_med.jpg\",\"width\":600,\"height\":450},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/onpointcarolinasrealty.com\/?p=131#webpage\",\"url\":\"https:\/\/onpointcarolinasrealty.com\/?p=131\",\"name\":\"Myth Busted: Buying A House In October Is Not Very Spooky - On Point Carolinas Realty\",\"isPartOf\":{\"@id\":\"https:\/\/onpointcarolinasrealty.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/onpointcarolinasrealty.com\/?p=131#primaryimage\"},\"datePublished\":\"2016-10-07T18:58:21+00:00\",\"dateModified\":\"2017-04-06T18:59:06+00:00\",\"author\":{\"@id\":\"https:\/\/onpointcarolinasrealty.com\/#\/schema\/person\/bafb5ef715c47ea6475a6d22b16e1222\"},\"breadcrumb\":{\"@id\":\"https:\/\/onpointcarolinasrealty.com\/?p=131#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/onpointcarolinasrealty.com\/?p=131\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/onpointcarolinasrealty.com\/?p=131#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/onpointcarolinasrealty.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Myth Busted: Buying A House In October Is Not Very Spooky\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/onpointcarolinasrealty.com\/#\/schema\/person\/bafb5ef715c47ea6475a6d22b16e1222\",\"name\":\"Kim McBee\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/onpointcarolinasrealty.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b912d24e8f008c0c5c0f069bfab4fb6af82029fc773afedfd254ca5a46f5f309?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b912d24e8f008c0c5c0f069bfab4fb6af82029fc773afedfd254ca5a46f5f309?s=96&d=mm&r=g\",\"caption\":\"Kim McBee\"},\"description\":\"Kim McBee epitomizes integrity, energy, hard work and a creative service in every detail of your real estate transaction that makes buying or selling your home an incredible, memorable experience. 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On Point Carolinas Realty, LLC is a full service real estate company, working with buyers and sellers in both new home construction and re-sale homes. From 2002 \u2013 2012, Kim and Gus sold between $15 - $50 million in volume in the Lake Norman, Charlotte and northern most portions of South Carolina. Now with On Point Carolinas Realty, LLC, they continue to work every aspect of the real estate industry representing sellers, buyers, investors and banks in the residential market. 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