Fall can be an outstanding time of year to buy – or sell – a home. In fact, autumn is generally the second-busiest time of year for real estate and offers some great incentives, including year-end tax breaks, less competition and motivated sellers.
Year-End Tax Breaks
Come fall, people start to think about what year-end tax breaks they might be eligible for. Fortunately for homebuyers, owning a home can provide a nice tax benefit from Uncle Sam. According to Bankrate.com, both mortgage interest and property taxes are deductible from gross income. Furthermore, if you have prepaid some interest before the due date of your first payment, and if you close your loan before the year’s end, that interest can also be deducted.
Opportune Home Choices
While home demand is not as high in fall as it is in spring, it’s still strong, so the competition can be high, too. Unlike some springtime buyers, fall buyers and sellers tend to be motivated to move. You may feel a little more buying pressure due to the quick turnaround of some of the houses on the market, but you’ll also benefit from the selection and motivated sellers. In fact, you may be able to visit several open houses in a single day, and be sure to check out our Hot Sheet for price reductions. Be sure to routinely visit with your knowledgeable Century 21 Dickinson realtor for the latest scoop on listings!
Getting Ahead of Mother Nature
Buying a house before winter sets in is very appealing to most buyers. No one wants to worry about icy roads or snowstorms when it comes to closing or moving day! Also, by moving in fall, you’ll be settled into your new home before Thanksgiving and Christmas.
Fall Home-Buying Tips
Given the home-buying competition and the short fall timeframe, you may be tempted to place a bid that is out of your price range, for fear of losing the home. Before you make an offer, know what kind of house you need and what you have set aside for your budget. You may want to prequalify for a loan so that you’ll be ready to act when you find the home you want. And as always, no matter which season you choose to buy or sell, your Century 21 Dickinson realtor is a great resource for local Bemidji market knowledge and insight!
The Most Trusted Name in Northern MN Real Estate for Over 60 Years!
Century 21 Dickinson has been the trusted realty leader in the Bemidji, MN real estate market for over 60 years. We offer clients unparalleled local and regional market knowledge and decades of realtor experience to provide you an efficient and successful commercial or residential real estate purchase or sale. As Bemidji’s largest real estate agency, we are proud to represent communities across Beltrami, Hubbard and Clearwater counties, featuring Bemidji homes for sale, lakeshore property, lake homes, vacation homes, acreage, condos/townhomes and residential developments.
Whether you’re a first-time Bemidji home buyer or looking to find your dream house on the waterfront, our team of experienced realtors will help guide you through an efficient and effective buying and selling process. No matter if you’re a full-time resident or vacation visitor, you’ll find that the friendly “Up North” lifestyle in and surrounding the Bemidji, MN area is a unique opportunity and a sound investment.
Services we provide:
- Our Century 21 Online Multiple Listing Service (MLS) provides real-time listings and is updated frequently
- Free custom market analysis (CMA)
- Home buying and buyer representation
- Home selling and seller representation
- Open houses and full-service marketing of listed properties
- In-house closing services
- Relocation services
- Short sales and foreclosures
- Townhome and condo selling/buying
- Residential property development
- Commercial property development
- Rental property
Sell or list your home with one of our trusted and experienced realtors. We know and understand the Bemidji, MN residential and commercial real estate market second to none. Referrals are always appreciated. Call us at (218) 751-1228 or email.
Family owned and operated since 1954, CENTURY 21 Dickinson Realtors is located in the heart of northern Minnesota, in Bemidji, the “First City on the Mississippi”.
Our Quality Service Award winning office and the outstanding personal service provided by CENTURY 21 Dickinson Realtors will guide you through the infinite details surrounding the purchase or sale of your property.
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Gold Medallion 2012
Quality Service Winning Office 2012
Home of Paul Bunyan and Babe the Blue Ox, Bemidji State University, and Concordia Language Village.
Offering Year-round Recreation
With boating, camping, swimming, fishing, hunting, and miles of trails for hiking, biking, snowmobiling, cross-country skiing as well as down-hill skiing at Buena Vista. Area State Parks include Big Bog, Lake Bemidji, and Lake Itasca where you can step across the headwaters of the mighty Mississippi.
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