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Investment Real Estate >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!
Scott Baker, ABR e-Pro Coldwell Banker West Shell 9106 West Chester Towne Centre West Chester, OH 45069 Phone: 513-403-5323 Toll Free: 1-800-710-9843 Fax: 513-332-9077 E-Mail: Scott.Baker@cbws.com E-Mail: scottbaker@NUMBER1EXPERT.com
You will find that I am knowledgeable in all of the North Cincinnati areas. Not only am I an ABR, (Accredited Buyer’s Representative), I am also an e-Pro. An e-Pro realtor has completed the extensive training program endorsed by the National Association of Realtors. An e-Pro Realtor has the training and expertise needed to assist you, the consumer, in this fast-paced age of technology.
There IS a difference in Realtors. Call or e-mail me, Anytime!
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Scott Baker NUMBER1EXPERT in real estate for
West Chester, Liberty Township and Cincinnati, Ohio