In searching for your new home, you deserve the best guidance and counseling possible. The buying process today is complex and it is wise to be sure that you are making sound decisions.
When I go to work for you, you can rest assured that your best interests shall be protected throughout your transaction. Here is a list of some of the things I will do for you:
- Buyer’s Interview: We sit down together and I’ll show you how to save time and money. We’ll also discuss your needs and wants. You’ll learn about the process from “A” to “Z.”
- Financing: You’ll learn what type of loan is best for you and why. There will be no financial.
- Previewing and Showing: After learning what you really want, I’ll preview and select only the best homes for you to see. Your time is important. My home search for you will be exhaustive-you won’t miss a thing.
- The Paperwork: We’ll discuss values and what price to offer. I’ll handle and explain all the many forms that are.
- Negotiating: As your representative, I will present and negotiate on your behalf to get you the best possible deal. Your interests will be fully.
- Inspections and Repairs: You’ll get advice and counsel on which inspections are needed and I’ll help you negotiate any needed.
- Closing: Your final settlement will be worry-free. We’ll go over your final figures ahead of time so you understand everything completely.
When we work together, my job is to make you and your needs the focus of my day. This may be the largest investment you’ll ever make and you deserve nothing less than my best!
8 Reasons to Own Your Home
- Tax Breaks. If you itemize: The U.S. Ta)( Code may allow you to deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your.
- Real estate has long-term, stable growth in value. While year-to year fluctuations are normal, median existing-home sale prices have increased on average 3.5 percent each year from 2000 through 2012 (Case Shiller}.
- Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home.
- Building equity in your home is a ready-made savings plan. And when you sell, you can generally take up to $250,000 ($500,000 for a married couple) as a gain without owing any federal income tax.
- Unlike rent, your fixed-mortgage payments don’t rise over the years so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance costs will increase.
- The home is yours. You can decorate any way you want and benefit from your investment for as long as you own the home.
- Remaining in one neighborhood for several years gives you a chance to participate in community activities, lets you and your family establish lasting friendships, and offers your children the benefit of educational continuity.
- Many view home ownership as an integral part of “The American Dream”. A sense of pride certainly accompanies those who are able to purchase their own home.
Tax Benefits of Homeownership
The tax deductions you’re eligible to take for mortgage interest and property taxes greatly increase the financial benefits of homeownership. Here’s how it works.
$7,500= Mortgage interest paid (a loan of $150,000 for 30 years, at 5 percent, using year-one interest)
$2.700= Property taxes (at 1.5 percent on $180,000 assessed value)
$10,200 = Total deduction
Then, multiply your total deduction by your tax rate.
For example, at a 28 percent tax rate: 10,200 x 0.28 = $2,856
$2,856 = Amount you have lowered your federal income tax (at 28 percent tax rate)
Note: You may not be able to deduct your mortgage interest and property taxes if you take the standard deduction. Mortgage interest may not be deductible on loans over a certain amount. In addition, deductions are decreased when total income reaches a certain level. Please consult your CPA or Tax Attorney for the latest infonmation.
Other Helpful Documents
The Buyer Process
Path to Homeownership
Reasons to Hire a Realtor