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Have you considered looking for a different home this fall? If not, you may be missing out on some great deals.

5. Take Advantage Of Tax Breaks

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For first-time home buyers, property tax and mortgage interest are both deductions you can take for the entire year, even if you close on your home in December. Any payments that are made before the closing of the loan are tax-deductible. That can make a severe dent in the amount you’ll owe the government at year’s end.

4. Less Competition

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The surge of summer selling is over. Fall is considered off-season in real estate circles. That means older homes are often repriced and new inventory comes on the market.

3. Leverage

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By the time fall rolls around, summer sellers are typically worn out. It may be easier to get them to agree to a serious offer.

2. Take advantage of End-Of-Year Sales

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You’ll surely be looking for ways to personalize your home. End-of-year sales could be the answer to your prayers. In September, carpets and paint often goes on sale. Fall is also an excellent time to buy lawn mowers, appliances, and cookware.

1. It’s Safer To Buy In The Fall

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July and August are the busiest months for burglars. When you wait until the fall to purchase a home, you may learn more about the neighborhood in which you want to invest. (Hint: There are online maps that include crime filters.)

Click here to learn more

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