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  • Why Buyers Choose Steve Baker and Associates - Why homebuyers looking for a real estate agent in the Glendale, Phoenix and Peoria area choose Steve Baker and Associates.

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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 
Fewer than 2 percent of homeowners build this type of home:

A 
Fewer than 2 percent build a custom home; most buy an older home or select from a home builder's menu.
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Steve Baker and Associates, REALTOR®, real estate agent and broker for Glendale, Phoenix and Peoria, Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Steve Baker and Associates
PRO-FORMANCE REALTY

3233 West Peoria Ave. Suite 201
Phoenix, AZ 85029
623-879-9244
Fax: 623-670-5970
stevebaker@NUMBER1EXPERT.com


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