The Right Time to Buy
Are you waiting for "just the right time" to get into the real estate market? The signs indicate that there is no time like the present. Interest rates are still comparatively low and buyers are shopping for new and second homes in great numbers.
Vacation homes are very popular for investment purposes and personal enjoyment. You can use your vacation home as a getaway property now, and by the time you retire you will have paid a significant amount on the loan. If you live in a vacation home for 14 days a year or less, you can take depreciation on it.
Another important benefit is that tax deductions in the form of interest and property taxes help to offset the cost of paying for a second home. If the debt does not exceed $1 million, mortgage interest payments on principal residences and second or vacation homes are fully deductible for tax purposes.
Don't waste valuable time while interest rates creep upwards -- all you need is the right real estate agent to guide you!
Do These Real Estate Tips Really Apply to YOU?
I've learned these tips through years of experience as a top Realtor. But I know that YOUR situation might be different. That's why I'm here.
It's my job to personally advise homebuyers and sellers. Ask me if any tip that I've included here really applies to your situation.
If you have any questions about these tips - or other tips you may have heard elsewhere - ask me! I'll respond quickly, for free, and without obligation...