Buyer's Broker - Key West Real Estate Agents
A Buyer's Broker is a licensed Key West real estate agent who works for you the buyer and is legally and morally bound to get the best deal for you - the buyer.
A Buyer's Broker tends to dig deeper into the history of the property and the seller, not merely acting a a transaction agent, which is the norm for real estate agents in Key West.
What is the history of the home.
Factors about the seller i.e. are they moving, getting a divorce. What are the real reasons the property in question is selling.
As your Buyer's Broker, I try to level the playing field.
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Key West Real Estate
Joe D. Wells, Jr. is a FL Real Estate Sales Assoc. Who offers his background in Finance and his local knowledge of Key West and the Florida Keys to help you with your buying and/or selling of real estate.
To contact Joe. Click Here
Search Key West Real Estate Listings Click Here
Map Searches Click Here
Friday, December 21, 2012
Thursday, December 20, 2012
Tax Benefits of Homeownership
Tax Benefits of Homeownership
The tax deductions you’re eligible to take for mortgage interest and property taxes greatly increase the financial benefits of homeownership. Here’s how it works.
Assume:
$9,877 = Mortgage interest paid (a loan of $150,000 for 30 years, at 7 percent, using year-five interest)
$2,700 = Property taxes (at 1.5 percent on $180,000 assessed value)
______
$12,577 = Total deduction
Then, multiply your total deduction by your tax rate.
For example, at a 28 percent tax rate: 12,577 x 0.28 = $3,521.56
$3,521.56 = Amount you have lowered your federal income tax (at 28 percent tax rate)
Note: Mortgage interest may not be deductible on loans over $1.1 million. In addition, deductions are decreased when total income reaches a certain level.
Find out more by Clicking Here
Reprinted from REALTOR® magazine (REALTOR.org/realtormag) with permission of the NATIONAL ASSOCIATION OF REALTORS®.
Copyright 2008. All rights reserved.
The tax deductions you’re eligible to take for mortgage interest and property taxes greatly increase the financial benefits of homeownership. Here’s how it works.
Assume:
$9,877 = Mortgage interest paid (a loan of $150,000 for 30 years, at 7 percent, using year-five interest)
$2,700 = Property taxes (at 1.5 percent on $180,000 assessed value)
______
$12,577 = Total deduction
Then, multiply your total deduction by your tax rate.
For example, at a 28 percent tax rate: 12,577 x 0.28 = $3,521.56
$3,521.56 = Amount you have lowered your federal income tax (at 28 percent tax rate)
Note: Mortgage interest may not be deductible on loans over $1.1 million. In addition, deductions are decreased when total income reaches a certain level.
Find out more by Clicking Here
Reprinted from REALTOR® magazine (REALTOR.org/realtormag) with permission of the NATIONAL ASSOCIATION OF REALTORS®.
Copyright 2008. All rights reserved.
Sunday, December 16, 2012
5 Common First Time Home Buyer Mistakes
5 Common First Time Home Buyer Mistakes
They don’t ask enough questions of their lender and end up missing out on the best deal.
They don’t act quickly enough to make a decision and someone else buys the house.
They don’t find the right agent who’s willing to help them through the homebuying process.
They don’t do enough to make their offer look appealing to a seller.
They don’t think about resale before they buy. The average first-time buyer only stays in a home for four years.
Find out more at www.OceanBlueRealEstate.com
They don’t ask enough questions of their lender and end up missing out on the best deal.
They don’t act quickly enough to make a decision and someone else buys the house.
They don’t find the right agent who’s willing to help them through the homebuying process.
They don’t do enough to make their offer look appealing to a seller.
They don’t think about resale before they buy. The average first-time buyer only stays in a home for four years.
Find out more at www.OceanBlueRealEstate.com
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