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Owning
vs. Renting?
Don’t
throw your money away
Tax
benefit
Fixed
housing expenses
Freedom
to enjoy your home
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Property
investment
Generally,
the real estate in Las Vegas market allows about 10%
appreciation rate per year. Sometimes, depending on market conditions,
this could more or less. Last year we've seen it up to as high a 18%
here in Las Vegas. and currently even with the the market taking a
down turn we are at about 8%. Neighborhoods, region, and city have a
direct impact on the overall rate as well.
At
first glance this may not seem like very much. But let’s use an
example of how this works:
Lets
say you buy a home for $200,000 and you put 20% down, financing the
balance of the purchase. So you have invested $40,000 cash from your
pocket. Using a 5% appreciation rate, in the first year you lived in
your home, you will have made $10,000. So, your annual return of
investment is an amazing twenty-five percent. Now, you might be
thinking of your monthly expenses for the mortgage. But remember,
interest and property taxes are tax deductible. Buying property in
Las Vegas is a win-win situation.
If
you have any questions, Please call
1-866-624-6873
or
E-mail us!
postmaster@therobertsteamlv.com
©
2001 OChomeprices.com - All rights reserved.
Written
By The Roberts Team
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