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About the North Scottsdale, Scottsdale and Paradise Valley, Arizona Area 

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Real Estate Tips
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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Real Estate Trivia
Q 
Into what category do forty-four percent of home buying households fall?

A 
Forty-four percent of home-buying households are made up of married couples with dependents.
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The Power House!, REALTOR®, real estate agent and broker for North Scottsdale, Scottsdale and Paradise Valley, Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

The Power House!
AZCO Properties, LLC
2613 W Piedmont Rd
Phoenix, AZ 85041
Direct: 602-513-9773
Suzanne@ScottsdalePropertiesforSale.com

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