Your 5 Reasons To Get Rental or Primary Property During The Holidays

While it might seem counterintuitive to put a big-ticket item like a home on your holiday shopping list, although the right property at the right price will always make sense to buy.

Check out these 5 surprisingly smart reasons to let everyone else hit the mall to buy half-off sweaters while you make the purchase of a lifetime: a new house or rental property to ring in the New Year.

1. Less competition from home buyers

Most buyers take the month off to celebrate the holidays, attend parties, host out-of-town guests. Or, maybe they’ve heard that this is a lousy time to buy a house or invest.

Whatever the reason, shopping for real estate at a time when fewer buyers are in the market can pay off big.

Competing with multiple offers is one of the most stressful parts of the home-buying process, and that is what is coming this summer when a property is priced at or under market value, especially along the coast in San Diego.

2. Motivated (OK, desperate) property sellers

The December seller is likely to be serious and motivated—and therefore more open to negotiation. So what you might lack in choice of available homes could be balanced out by dealing with a more flexible seller.

Most sellers have a compelling reason for putting their house on the market during the holidays. (Let’s face it: It’s no holiday party for them to have strangers wandering through their house.)

They might be facing a relocation and want to get their kids settled before the new term. Or they might just be feeling some stress if they listed their home in the fall and it’s still languishing post–Turkey Day, making them just a little more desperate and anxious to deal.

Many sellers might also want a contract in hand for tax advantages. If it’s a rental property on which they incurred a loss, they are likely to want to take the deduction this calendar year.

Another tax-related reason: If sellers are likely to make a hefty profit and have a salary raise set to kick in on Jan. 1, they might be subject to a higher capital gains tax on their home sale in the coming year. In this scenario, sellers may want to unload a property before the new year.

Sellers are exempt from paying capital gains tax on the first $250,000 in proceeds from a home sale for a single person, or $500,000 for a couple. After that, the capital gains tax kicks in, based on their income bracket.

3. Tax advantages

Homeownership brings numerous tax perks, from deducting mortgage interest to property taxes.

(Update: The House of Representatives just passed its version of the GOP proposed tax plan, which would cap the property tax deduction at $10,000. The House bill also would only allow homeowners to deduct the interest on mortgages up to $500,000, down from the current $1 million.)

Also, many closing fees are tax-deductible if you itemize—although you should always double-check with your accountant about any tax questions.

4. A realistic picture of the house

What house doesn’t look amazing in the typical spring buying season, with newly planted flowers and plenty of sunlight streaming through the windows?

Checking it out during the winter season, on the other hand, might give you a more accurate idea of what you might be living with the rest of the year.

Maybe there’s a bedroom in the home that doesn’t get sufficient heat, or the front door gets jammed in rainy conditions. Inspectors are less likely to catch these issues with the home when they check them out of season.

5. Greater accessibility to professionals

Since December is usually a slower month all around, you will have easier access to movers, inspectors, and mortgage brokers.

In addition, your mortgage broker will bend over backward to provide service with fewer client demands and will share your desire to get it done and in the books before the new year rolls around, will be bound to speed your closing through.


Quick Smart Reminder:

Don’t Sell Now, wait until 2018…unless you are buying another property via tax exchange or otherwise.

Don’t Buy now if you plan on selling in 2-3 years. If you are going to live there for a while then buy now. Remember it is your choice to gamble to wait to buy a primary residence when prices adjust during the correction…YES GAMBLE because the interest rates will likely increase and you will still be in a similar boat lower prices, but higher interest rates.

If you are an investor, it depends on the individual property. It may be a great time to buy if the property is significantly under market. Otherwise everything will be on sale when the market corrects.

My value adding/ flipper clients who are buying now and selling in the next 3-6 month, you are good to buy now as long as you get rid of it by the end of this summer. I will keep you updated when I think the correction is coming, but count on the market being strong until the end of Summer 2018 at least.


***PS***I thank you again for all your past and present business. When you want help with anything real estate related, then call me at 858-225-7385 or email me at You can count on us to give you clarity on how to achieve your real estate goals!

Success Stories

‘He has been there anytime I needed him and I know if I need him again he would be there too. Brad gave 100% from the first time he called me till the sale was done.’

-Jim V.

‘We really felt like Brad was on our side throughout the transaction and knew how to navigate the process calmly and effectively’

-Curt and Kim C

‘If you are skeptical on a realtor look no further. You will get what you want and when you want it with Brad. His knowledge on this market is second to none. The most unusual thing about this transaction is his exceptional follow up thru out the entire process, and even after we’ve moved in and got settled. He is one of a kind in this market and this profession’

-Scott & Allison T.

‘Thanks to Brad Brinkman and his team we now have a beautiful new home and a great investment into our future.’

-Ryan & Amanda F.

‘He found my house for me when others could not, in a location that I thought would be impossible. His aggressiveness has given me the opportunity to live in a fantastic place.’

-Trace H., Pilot Hawaiian Airlines., U.S. Navy Pilot

‘You made it easy for us to make this move into our new home because you took on all the worries, handling our transaction with skill and expertise. Specifically we were impressed with your approach to business, treating each and every customer as you treated us; as though we were your most important clients’

-Marcie V.

‘He made each transaction very smooth and it was great peace of mind knowing I could count on him.’

-Rebecca W.