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Sheri Maher with Wells Fargo
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Why Sellers Choose David Van Noy Jr. - Why home sellers in Leawood, Lee's Summit and Kansas City choose David Van Noy Jr.. Free Presentation - Free in-home listings presentation on marketing your Leawood, Lee's Summit and Kansas City, in Johnson and Jackson County Kansas property. Property Valuation - How much is your Leawood, Lee's Summit and Kansas City home worth? What Did That Home Sell For? - What did that Leawood, Lee's Summit and Kansas City, Kansas property or other real estate sell for? FSBO - Selling your Leawood, Lee's Summit and Kansas City real estate on your own? Go to Main Sitemap - Main sitemap sections include Find Leawood, Lee's Summit and Kansas City Homes, For Home Buyers, For Home Sellers, Leawood, Lee's Summit and Kansas City Information, Real Estate Resources, and About David Van Noy Jr..
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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!
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| Q |
What is considered the primary factor distinguishing buyers of prestigious properties from the average home buyer?
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| 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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