|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 218-829-6233.
|
Buyers Want Your Home for as Little as Possible.
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
Find Out More >
View All Offers >
|
 Compare three
mortgages at one time. Download TripleCalc now. It's free. |
The Nelson-Torfin Real Estate
Group are some of The Top Selling Real Estate Experts™
Find Out More > |
|
|
|
 |
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.
|
|
| Q |
What is the world's largest palace?
|
| A |
The Imperial Palace (Gugong) in the center of Beijing, China covers over 178 acres and dates back to the early 1400s. |
 See More Real Estate Trivia > |
|
|
The Nelson Torfin Real Estate Group
Positive Realty
15244 State Hwy. 371
Baxter, MN 56425
Tel: 218-829-6233
Fax: 218-829-0097
Email: info@Lakehome.com
“Never doubt that a small group of thoughtful, committed people can change the world, indeed, it’s the only thing that ever has”
-Margaret Mead   
www.Lakehome.com is brought to you by
The Nelson-Torfin Real Estate Group
NUMBER1EXPERTS™ in real estate for
Brainerd Lakes Area, Brainerd and Gull Lake, Minnesota, lakeshore, waterfront Read The Nelson-Torfin Real Estate Group's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT™
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed. |
- NUMBER1EXPERTS™ 
