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For Home Sellers:
Why Sellers Choose Brady Palmer - Why home sellers in Augusta, Mid Coast, Central Maine and Brunswick choose Brady Palmer.
Free Presentation - Free in-home listings presentation on marketing your Augusta, Mid Coast, Central Maine and Brunswick, in Kennebec, Lincoln County Maine property.
Property Valuation - How much is your Augusta, Mid Coast, Central Maine and Brunswick home worth?
What Did That Home Sell For? - What did that Augusta, Mid Coast, Central Maine and Brunswick, Maine property or other real estate sell for?
FSBO - Selling your Augusta, Mid Coast, Central Maine and Brunswick real estate on your own?
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First Time Buyers >The Real Bottom Line
An important part of buying a house is sitting down with your real estate agent or a mortgage lender to get a clear idea of how much you can afford. They will add up all of your monthly expenses, the mortgage payment, insurance, real estate taxes, homeowners or condo association fees--and the grand total can throw you into shock!
The important thing to remember is that the grand total isn't really the bottom line. When you add your tax savings to the equation, you may be pleasantly surprised. During the early years of your loan, almost all of the mortgage can be deducted from your state and federal income tax. The same is true of your real estate taxes. If you use part of your house as a home office, you may be able to qualify for additional tax savings. In some areas, homes with ground floor apartments are popular for offsetting part of the mortgage and offering even more tax savings.
When you make calculations about the monthly costs that include the tax savings, you may find that owning your own home is less expensive than renting a house or apartment of comparable size.
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| Q |
What little-known folk remedy is said to help keep bats away from your home?
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According to some rural homeowners, if you tar and feather a two-by-four board and place it in your yard, it will ward off bats! |
See More Real Estate Trivia > |
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