How to Avoid 10 Common Buyer Traps BEFORE Buying a Kansas City Home, 4th Chapter
10 part report, 4th chapter
How to Avoid 10 Common Buyer Traps BEFORE Buying a Kansas City Home
Buying a Kansas City home is a major investment no matter which way you look at it. But for many Kansas City homebuyers, it's an even more expensive process than it needs to be because many fall prey to at least a few of many common and costly mistakes which trap them into either paying too much for the home they want, or losing their dream home to another buyer or, worse, buying the wrong home for their needs .
Every homeowner has been a first-time buyer once in their life, so you're not alone. But buying a home is one of the largest purchases you'll make, so how do you know if you're ready to take that next big step? These 10 home-buying tips can help reduce the stress of buying your first home.
The fourth chapter is:
4. Tax advantage. Mortgage interest and property taxes are generally deductible. So, you may be making a larger monthly payment than renting, but remember to take into consideration the amount you're saving in taxes. If you are paying $1000/month in rent that will generally equate to a $1250-$1300/month in a mortgage payment. See your tax advisor for details. If you need help on calculating the tax benefits on buying a home, contact Ken Latshaw, CPA, at (913) 226-0363.
To view the previous chapters, go to: http://Blog.DowellTaggart.com and click on For Buyers.
Dowell Taggart Team
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