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Real Estate Tips
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!

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Real Estate Trivia
Q 
What is considered the primary factor distinguishing buyers of prestigious properties from the average home buyer?

A 
Financing doesn't worry these buyers; they often put down 40 percent or more or pay cash for a property
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David Van Noy Jr., REALTOR®, real estate agent and broker for Leawood, Lee's Summit and Kansas City, Kansas home listings, property and land for sale - NUMBER1EXPERT(tm)

David Van Noy Jr.
Realty Executives of Kansas City

11401 Ash
Leawood KS 66211
OFFICE: 913-287-4663
Fax: 913-549-1949
David@DavidVanNoyJr.com
David's personal: David@TheMaherTeam.com
Jenae: Jenae@theMaherTeam.com
Tiffany: Tiffany@theMaherTeam.com

David Van Noy Jr. is the expert in Kansas City area real estate. From his radio show to his huge marketing database you can not select a better broker to represent you. David has made a commitment to being the best and most responsive online marketer around. If you contact him you will get ALL the info you need in his "Hassle Free Websearch Guarantee" for more info don't be afraid to email him today!

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