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School Reports in Lake Havasu City, Arizona

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Investment Real Estate >Retirement and the Second Home

Buying a second home as rental property makes a great centerpiece to your retirement plan. It forces you to make regular savings in the form of mortgage payments that become your equity.

You only need cash for the down payment, and you should make sure that your monthly rental payments will cover the mortgage and any additional expenses. This is a real possibility if you buy the right house at the right price because a good single-family house should always stay rented. Your investment money is subject to less income tax, and the interest and property taxes may be deductible.

Housing has appreciated in value all over the country in recent years, making a second home an important hedge against inflation. Most experts predict that interest rates for fixed-rate and adjustable mortgages should remain in single digits for the foreseeable future, so it should be easy to acquire financing with a small down payment.

Call an agent with your real estate questions. They have helped hundreds of people to sell their homes and properties--and to purchase the home of their dreams.

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Q	What famous writer's home is Rowan Oak?
A	Rowan Oak in Oxford, Mississippi, was the home of William Faulkner from 1930 until his death in 1962.
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Kathy Woolsey, REALTOR®, real estate agent and broker for Lake Havasu City, Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Kathy Woolsey
Selman and Associates
276 Lake Havasu Ave.
Lake Havasu City, AZ. 86403
Phone: 928-854-5502
Fax: 928-854-5503
Email: kathywoolsey@NUMBER1EXPERT.com

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