|
All agents are NOT alike! Find out why I am a top real estate expert. Call me today: 360-521-1615!
|

Get Most Value For Your Home! Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
|
Compare three mortgages at one time.
Download TripleCalc now. It's free.
|
Haris Hadziselimovic is one of
The Top Selling Real Estate Experts Find Out More > |
|
|
 |
Check Out These Special Offers From My Affiliates! Just for you from the affiliates of my web site! Please take advantage of the following special offers... Financial Advisor If you are looking for a trustworthy financial planner who will keep your best interests in mind...

 |
First Time Buyers >The Down Payment
Perhaps no single decision in a real estate purchase has more variables than "How much money do I put down?" Conventional wisdom centers around either putting down as much as you can or as little as the lender allows.
If you put down a large payment, you get some leverage with the lender, such as little or no mortgage insurance, a good equity position, and perhaps a preferred mortgage deal. You will also have lower mortgage payments. One potential disadvantage of a large down payment is that you will be using after-tax dollars on which you could be earning interest. You will also have less tax-deductible interest.
When you buy a home with a low down payment, you will have more tax deductible interest, and your investment value percentage will increase faster. You will have little equity at the outset, and your monthly mortgage payments (and perhaps your interest) will be higher. However, you will also keep more of your own money in hand to potentially earn more interest in other investments.
|
 |
| Q |
Why is the Terra Amata site in Nice, France famous?
|
| A |
Remains of 21 huts found in 1965 are thought to be the oldest known habitation from the Acheulian culture 400,000 years ago.
|
See More Real Estate Trivia > |
|
|
|
|