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Information about Greensboro, Summerfield, Oak Ridge and the entire Triad Area of North Carolina 

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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
Q 
What weighs 320 tons and is considered the largest single block building?

A 
Pyramid of Mycerinus (Third Pyramid) at El Gizeh, Egypt is the largest single block building and the world's oldest pyramid.
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Barbara Mann, REALTOR®, real estate agents and broker for Greensboro, Summerfield and Oak Ridge North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Barbara Mann
RE/MAX Realty Consultants

2731 Horse Pen Creek Rd.
Greensboro, NC 27410
Tel: 336-217-9302
Fax: 336-217-9301
Email: BarbaraMann@Number1Expert.com

My number 1 priority is providing superior service to my clients in every real estate transaction I am involved in.

CRS Equal Housing GRI MLS REALTOR RELO


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