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Real Estate Tips
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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Real Estate Trivia
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What kind of home construction is considered to be the safest in seismic areas?

A 
Straw-bale homes in seismic zones have proven resilient enough to withstand the shock of earthquakes.
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Cindy Poole, REALTOR®, real estate agents and broker for Raleigh, Cary and Wake Forest North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Cindy Poole
York Simpson Underwood

226 Fayetteville Street
Raleigh, NC 27601
Phone: 866-912-6980
800 944 7356
919 457 8181 (cell)
866-491-8224 (fax)
Email: Cindy@CindyPoole.com

Quality Time Quality Service. This means service over and beyond the norm. Education is important to me to constantly be learning new ways to offer first class service to my clients. Specific training includes the StarPower Listing University, the SRES designation (working with the 50+ age group) the RSPS (Resort and Second-home Property Specialist) and e-PRO (the latest and greatest technology). GRI (Graduate Realtor Institute) and CRS (Certified Residential Specialist) include numerous and intense classes on a variety of subjects relating to real estate.

ABRCRSeProGRIREALTORSRES


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