Investment Real Estate >Retirement and the Second Home
Buying a second home as rental property makes a great centerpiece to your retirement plan. It forces you to make regular savings in the form of mortgage payments that become your equity.
You only need cash for the down payment, and you should make sure that your monthly rental payments will cover the mortgage and any additional expenses. This is a real possibility if you buy the right house at the right price because a good single-family house should always stay rented. Your investment money is subject to less income tax, and the interest and property taxes may be deductible.
Housing has appreciated in value all over the country in recent years, making a second home an important hedge against inflation. Most experts predict that interest rates for fixed-rate and adjustable mortgages should remain in single digits for the foreseeable future, so it should be easy to acquire financing with a small down payment.
Call an agent with your real estate questions. They have helped hundreds of people to sell their homes and properties--and to purchase the home of their dreams.
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Jim, Caroline and the Davis Team New South, Realtors 1874 C Slaughter Road Madison, AL 35758 Phone: 256-325-8500 Fax: 256-325 8504 Email: HomeJames@knology.net
Absolutely Accessible -- Marketing, Promotion, and Profit for Property Owners. When you need the assistance of a Realtor, New South, Realtors and our team of professionals are Absolutely Accessible. We don’t just sell homes (even though we do it faster) we give quality, competent representation for buyers. Our track record of exceptional representation for Buyers and Sellers is unparallel in the market today. The old ways of sticking a sign in the yard and waiting for a call are gone. Information on our new proactive approach is found in our complete marketing package that is available to prospective customers free of charge and obligation. Call or email us today for your free package. 800-515-9959 /256-325-8500
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is brought to you by Jim, Caroline, and the Davis Team, real estate for
Madison, Huntsville and Hampton Cove, Alabama
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