09/03/2026
✨🏡
“It’s officially ‘buy a home & you won’t have a payment until next year’ season.”
Keep in mind that it takes time to get your home ready for market and then you have longer wait times from sales to closing in some areas. Planning should start now.
If you go under contract now and close in November, your first payment won’t be due until January 😉
Thank me later. 😎
💡 Here’s why:
When you buy a home, mortgage interest is paid in arrears — meaning your payment covers the previous month’s interest, not the next one.
✅ Close in November → you prepay interest for the rest of November at closing.
✅ December’s interest accrues, but your first payment (covering December) isn’t due until January 1st.
So while you’re technically paying that interest upfront, it feels like you’re skipping a payment — and it’s a great time to plan a move before the new year! 🎉
Comment “SELLERS CONSULTATION” to get started
Real Estate Listing Strategist Lydia DeMent REALTOR ® (805) 990-8721 www.lydiadement.com DRE01972763 Estate Properties