It Makes More $$ Sense to buy the More Expensive House Now....

By
Real Estate Agent with Smart Green Realty

I want the BEST for my clients. My goal is to find them the home that works best for their budgets and their lives. I want them to get a Great Deal and I want them to love their home.

**With interest rates at 4.3%, it really makes a lot of sense to go for the pricier, move in ready, bigger house. My friend Charna taught me this. Buy a fixer and you pay for the remodel in full. Buy move-in-ready for $50,000 to $100,000 more, and the mortgage interest tax deduction (for people who itemize) offsets your purchase price for as long as you own the home.

**If the kitchen is newly remodeled, the average seller will get 65% to 85% of the cost of that remodel back when they sell. That is actually a good return. Buy a fixer and put in a kitchen yourself, you pay 100% of that cost....

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