Property taxes and qualified interest are deductible on an individuals federal income tax return. Check with your Certified Public Accountant to confirm.
Often, a home is the largest asset an individual has and is considered one of the most valuable investments available.
A portion of each amortized mortgage payment goes to principal which is an investment. The rest goes to the interest on the loan.
A home is one of the few investments that you can enjoy by living in it.
A REALTOR® can usually show you any home whether it is listed with a company, a builder, or even a "For Sale By Owner" home.
Working through a REALTOR® to purchase a For Sale By Owner home can be very advantageous because someone is looking out for your best interest.
Your Real Estate professional can provide you with a list of items you'll need to complete your loan application so you will be prepared.
A homeowner can exclude up to $500,000 of capital gain tax if married and filing jointly or up to $250,000 if single or filing separately. The home must have been the taxpayers principal residence for the previous two years. (please check with your tax accountant for the latest rules and laws)
Ask the Real Estate professional if they are familiar with the neighborhoods where you want to live.
Your Real Estate professional should provide you with the highest level of service and advice.

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Disclaimer. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale, or rental. Properties are listed for sale by all of the Orange County real estate companies. We are able to show you any home listed for sale by any real estate company.

Realtor® -- is a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. All members of The Red Wagon Team, are licensed real estate agents with the State of California and are members of the National Association of Realtors® and the local board of Realtors®.

© Copyright 2003-2010, The Red Wagon Team, Orange County Homes, All rights reserved. No part of this website can be copied or used unless you have written permission from the founders of The Red Wagon Team. this includes the use of The Red Wagon Team logo and other trademarks. Broker ID# 01157065, Agent ID# 01159553. We are California real estate professionals at Main Street Realtors, Inc. providing Orange County real estate services.

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