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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 860-677-7535.

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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 the world's longest frontier?
A 
At 3,987 kilometers (3,987 miles), the border between Canada and the U.S. is the longest in the world.
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Sandy Gervais, REALTOR®, real estate agent and broker for Farmington, Avon, West Hartford and Burlington, Connecticut home listings, property and land for sale - NUMBER1EXPERT

Sandy Gervais
Re/Max West of the River
3 Waterville Rd.
Farmington, CT 06032
860-677-7535
Fax: 860-678-9045
sandygervais@NUMBER1EXPERT.COM


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