Although the year is coming to a close, there’s still a chance for you to secure a new home with a comfortable monthly payment! We know that rising inflation and mortgage rates make it impossible to buy a new home. But don’t despair! We can help you lock in a favorable rate with our Price Crusher and Rate Shield programs. This means no more stressing about rising rent – you’ll enjoy comfortable monthly payments while also growing your investment through home equity.
The fact that the Seattle area housing market is beginning to cool down means that this super deal is timely when it comes to making your dream of homeownership come true! Even though housing prices may no longer be on the rise, that doesn’t mean a significant drop in home prices going into 2023 due to low inventory. So what does all of this mean for potential home buyers? We’ve put together this guide to show you why the time to buy your new home is now!
The Biggest Perks of Our End-of-the-Year Savings Program
When it comes to annual housing trends, the end of the year offers great options for house hunters. Our incredible year-end deals, coupled with the goal of locking in your investment before interest rates climb further, make for one of the best times to buy your new home!
1) Take Advantage of 2022 Tax Savings
Closing on your new home by December 31 means you can deduct your mortgage interest, property taxes, points on your loan, and interest costs for 2022. These deductions can be quite significant, especially during the early years of your loan when you’re paying off the interest.
2) Building Equity
The sooner you can move away from rising rents and the instability of inflation, the better! By replacing your monthly rent with a mortgage payment, you’ll begin to build equity in your investment. This means that as home values rise, so does your equity rate.
3) The Price Crusher
The introduction of the Price Crusher is a major victory for home buyers. As the name suggests, this special offer lowered prices to competitive market values, comparable to the prices before the housing market craze. That’s right, we’re crushing prices like never before!
4) Rate Shield
With the help of our preferred lenders, the Rate Shield program was designed to help buyers create a monthly payment that fits their lifestyle and budget. The Rate Shield means that your rate is guaranteed for the term of your loan, and if rates go down prior to the close, buyers are entitled to a 1-time float down to a lower rate. The experienced loan officers we’ve partnered up with work with buyers to offer promotional rates on 30-Year Fixed Mortgages, FHA Loans, and adjustable-rate mortgages like the 5/1 ARM.
3) Hot Deals Hot Homes
In addition to our Price Crusher and Rate Shield, we’re offering incredible deals on some of our Quick Delivery Homes (QDH)! We’re calling these our Hot Deals because we’re offering up to $90k in savings on select homes! For those homebuyers who are motivated to move into their new home before the end of the year, these homes can help you lock in that lower interest rate sooner rather than later!
Take Advantage of our End of the Year Savings!
If you’re ready to buy a new home in Western Washington before the end of the year, we’re here to help! Take advantage of our special Hot Homes Hot Deals to ensure you maximize your savings and move into your new home this year!
Another great way to be the first to know about our incredible new homes and communities is to join our VIP Priority List! And, of course, if you have any questions, our online concierge is available 7 days a week by calling 253-363-2450 or emailing concierge@soundbuilthomes.com.