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Four reasons to purchase a home before 2020

Photo by S O C I A L . C U T on Unsplash

Inman | Kayla Matthews

Mortgage rates, tax benefits and prices down in some markets are among the reasons your buyer clients should make a home purchase before 2020. 

If your clients are not sure whether to buy a house now or wait until next year, you can give them four compelling reasons for why 2019 is a better time for a purchase than 2020.

1. They can take advantage of year-end tax benefits
When your clients choose to buy this year instead of next, they’ll see the resulting tax perks sooner.

The benefits apply to their 2019 tax year filings. Interest paid on mortgages is typically tax-deductible, as are property taxes. However, there are limits as a result of the Tax Cut and Jobs Act, and you should be aware of them and share those limits with your client.

Read the story: 4 reasons your buyer clients need to purchase before 2020

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