We have an old saying in Real Estate: Your home is never more exciting than in it’s first weeks on the market. Even in a hot real estate market, once a house or condo sits for too long, it becomes stale, and buyers begin to ask: “What’s wrong with it?” Setting the asking price too high is the number one cause of this.
Another benefit of buying a home today is the lower interest rates available. Interest rates are still quite low when compared to ten years ago. You can lock in a fixed rate mortgage that will give you an affordable payment going forward. With a great interest rate possible, you need to take the time and get your dream home now. With so many homes for sale, the real estate market is there for you. When you get in touch with a qualified Real estate witness, you will be ready to make your dreams come true. Your realtor is the one to help you get the process started. Find the best deals at Encinitas Real Estate.
If you go to a surgeon seeking her credentials, she might show you her degree, and perhaps even share with you a patient testimonial. However, when you go to her office considering cosmetic surgery, she is unlikely to polish your nails or perform a small procedure for free to demonstrate her abilities. If she did, would you feel more of less confident in her other services?
($2880 *5)+($3035*5)+($7,700 )+($15,927 )= $53,202!!! And this is from only one property. Imagine the power of these benefits with a small portfolio of properties. This is how real estate can propel you to early retirement. It doesn’t take outrageous amounts of money or huge investments. Just a slow and steady real estate investment plan that you consistently act on over time. If you’re not sure where to start, feel free to contact our office and we can work with you to create an investment plan that will work for you.
Before I start, keep in mind that I am not a CPA. The numbers/assumptions below have been simplified to make the ideas easier to understand, so you are advised to run any questions by your trusted tax professional or CPA prior to any property purchase. Tax law changes often, and there are many criteria that investors have to meet to benefit from the many tax benefits of investment property ownership. I am using the following example for illustrative purposes only.
On an auto title you simply sign the back of the title and take to your local tag agent. Your lender attaches a lien on the vehicle and in less than half a day you have your new pickup and loan.
All sarcasm aside, don’t be a crash dummy. Make a smart call to a local real estate expert for all your real estate needs. Buyer Agency was brought about for consumer protection, use it.