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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!
What is currently the most sought-after amenity in the majority of upscale homes?
Technology that "enables" a home with features such as structured integrated wiring and broadband Internet access is the current amenity of choice.
|See More Real Estate Trivia >
Pat Berzanski, ABR, ASP, GRI
142 Main Street
Chester, NJ. 07930
Office: 908-879-7010 ext. 141
I am an 20 year veteran in the real estate industry working full time for my clients. My expertise lies in the areas of relocation and residential real estate. I am a member of the Million Dollar Sales Club at the silver level as well as a member of Weichert Realtors President's Club - the top 1% of the company in sales. All my clients are afforded the highest degree of confidentiality in all transactions, and I am available 7 days a week for your convenience. I am looking forward to hearing from you and helping with your real estate needs.
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