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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 currently the most sought-after amenity in the majority of upscale homes?

A 
Technology that "enables" a home with features such as structured integrated wiring and broadband Internet access is the current amenity of choice.
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John Morley, REALTOR®, real estate agent and broker for Huntsville, Madison and Hampton Cove, Alabama home listings, property and land for sale - NUMBER1EXPERT(tm)

John Morley
Morley Real Estate Group
923 Merchants Walk Suite B
Huntsville, AL 35801
256-382-3737
Fax: 1-800-882-2913
johnm@morleygroup.com

Many agents think their most important job is satisfying the customer. I don’t think that’s true. I believe that sat­isfying the customer is simply the minimum requirement for staying in business. We work constantly to improve our systems, processes and services to go well beyond the stan­dard level of “service” provided by most agents. We want to make you so satisfied with your decision to hire us that you will gladly refer us to your friends and family.

CRS Equal Housing MLS REALTOR


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