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The TAG Team, REALTORŪ, real estate agents and broker for Kansas City, Smithville and North Kansas City Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
First Time Buyers >The Real Bottom Line

An important part of buying a house is sitting down with your real estate agent or a mortgage lender to get a clear idea of how much you can afford. They will add up all of your monthly expenses, the mortgage payment, insurance, real estate taxes, homeowners or condo association fees--and the grand total can throw you into shock!

The important thing to remember is that the grand total isn't really the bottom line. When you add your tax savings to the equation, you may be pleasantly surprised. During the early years of your loan, almost all of the mortgage can be deducted from your state and federal income tax. The same is true of your real estate taxes. If you use part of your house as a home office, you may be able to qualify for additional tax savings. In some areas, homes with ground floor apartments are popular for offsetting part of the mortgage and offering even more tax savings.

When you make calculations about the monthly costs that include the tax savings, you may find that owning your own home is less expensive than renting a house or apartment of comparable size.

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Real Estate Trivia
Q 
In what real estate market are more than 90 percent of home sales cash transactions?

A 
Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates.
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The TAG Team, REALTORŪ, real estate agents and broker for Kansas City, Smithville and North Kansas City Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

The TAG Team
Keller Williams Northland Partners

7915 N Oak Tfwy.
Kansas City, MO. 64118
TAG Team office: 816 268-4444
Keller Williams office: 816 452-4200
Buyer Specialist: 816 721-9400
e-Fax: 913 744-4444
Email: TheTAGTeam@NUMBER1EXPERT.com

Let The TAG Team's experience WORK for you. Consistently a Top Producing Agent in the Top 1% of Kansas City Real Estate Sales, no other real estate agent or company can match the The TAG Team's results in our marketplace.

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Keller Williams Northland Partners real estate and homes for sale in Kansas City, Smithville and North Kansas City Missouri

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