Stop Renting Today!

How long will you keep throwing money away on rent? How much have you made by renting in the past five years? How much will you make in the next five years if you continue to rent? Over the last twenty-two years, the price of an average home in Austin, Texas, increased by 240%, or slightly more than 10% per year.

When you buy a home, much of the closing cost is tax deductible. On a $150,000 house, expect to deduct about $1,500.00, even if the closing costs have been paid by the seller! And the interest is tax deductible! On that $150,000.00 house, at 6.0 percent interest, thats a deduction of $9,000.00 in the first year.

Property taxes are deductible! For our average house, thats about $3,500.00 a year. So, if your household income is $40,000.00, and you're in the 20% tax bracket, you would write off a total of $15,500.00, and put $3,100.00 ($15,500 X 20%) back in your pocket! Add that to the average appreciation of your house, roughly $15,000, and you are making- or saving - about $18,000.00 a year by buying instead of renting! Do you still think that you cant afford to buy a house? The truth is that you cant afford not to! And heres the kicker: even if you have no money to put down, and no money for closing costs, we can get you into a home of your own. All you have to do is stop paying rent, and start investing in your own future!
 
This post has been included in Texas Real Estate News

0 Comments on Don't pay someone else's mortgage!


Captcha

Drag the robot to the circle on the side.

Image?id=cb35cdad763c24ab82bcc5498b5eca70d3d5ab15 Image?id=8632ea821e885d7dd7d980bb6200540ab8ea885d Image?id=94e8bc6c4f76bc36605fad9d2f3f2f09ca5153d1 Image?id=1524f48fd58d04c1481372b459067e41c2d0ac62 Image?id=3c3d08cf8ae805ccebf7741c4fe50192667ecfbc

Accessibility option: listen to a question and answer it!

Type below the answer to what you hear. Numbers or words, lowercase:

Leave a response…


(optional)
Captcha

Drag the clip to the circle on the side.

Image?id=63bf5123fe107197e97e7cea13e2c3fd7e1fb7ab Image?id=4ae81f7ea452f86d10fe78569fd5b12a32091925 Image?id=51cc84816466bd0b721a7691ad9301b161d5e714 Image?id=77292b3de0c5bae8ec48907d8a079ef7580f3049 Image?id=32e9ad45c0b646d67e2b753e7f9581e69d9153e4

Accessibility option: listen to a question and answer it!

Type below the answer to what you hear. Numbers or words, lowercase:

 
Stone Slade (Austin City Living) Rainmaker_large

Stone Slade

Austin, TX

More about me…

Austin City Living

Address: 1145 W 5th St, Austin, TX, 78703

Office Phone: (512) 323-9006

Cell Phone: (512) 626-8747

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog

Find TX real estate agents and Austin real estate on ActiveRain.