But what several 1st time property buyers do not understand is that it isn’t just the opportunity for an excellent deal that makes a San Diego short sale such an appealing option. Instead, you will discover other benefits that you’ll be gaining too - and these definitely could make all the difference!
Tax Advantages of a Short Sale in San Diego
Did you know San Diego short sales can give you various tax benefits? Most people don’t - but it is accurate nonetheless!
Recently, the Creating House Affordable Program has been giving 1st time house buyers up to $8,000 in tax credits - which indicates that you could save even a lot more income than you initially imagined. Consider it: Not only will you get an excellent deal via short sales in San Diego, but you’ll also continue to save from the tax incentives that this program has to supply.
On leading of that, your property taxes will probably be assessed based on the purchase price at the time of sale. Considering the truth that you are going to San Diego short sales - your purchase cost needs to be at an all-time low, which indicates that you’ll continue to pay low taxes on the property for so long as it's in your ownership!
Just ask your realtor or real estate agent about the tax positive aspects of a short sale in San Diego - you won’t be disappointed.
Extras and Discounts
In terms of a San Diego short sale, you are going to be dealing with sellers who are desperate to offload their property. This means that they’ll be willing to do what it takes to push a sale by way of - which is excellent news for you.
It isn’t uncommon to come across short sales in San Diego where buyers are willing to provide various extras and discounts to help sweeten the pot. This can consist of furniture, electronic devices, and so on.
In some cases, a short sale in San Diego would also contain an extra discount for repairs!
For those who have a realtor or real estate agent who's knowledge in San Diego short sales, they must be able to help you negotiate a superior deal with different extras and discounts - that in itself could be a great approach to get your first house, do not you think?
As it is possible to see, the benefits that may be garnered from a San Diego short sale for a first time property buyer are definitely considerable. Right now, you need to determine no matter whether or not you are going to take advantage of this chance though it lasts - and take the first actions towards owning your own property in this extremely advantageous buyer’s marketplace!
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