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Betty Cutler Favier

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Ski-In/Ski-Out, Golf Property, Condominiums, Fractional, Local Homes, Riverfront and Ranches. Call me: 970-708-2099.

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Real Estate Tips
Investment Real Estate >The Right Time to Buy

Are you waiting for "just the right time" to get into the real estate market? The signs indicate that there is no time like the present. Interest rates are still comparatively low and buyers are shopping for new and second homes in great numbers.

Vacation homes are very popular for investment purposes and personal enjoyment. You can use your vacation home as a getaway property now, and by the time you retire you will have paid a significant amount on the loan. If you live in a vacation home for 14 days a year or less, you can take depreciation on it.

Another important benefit is that tax deductions in the form of interest and property taxes help to offset the cost of paying for a second home. If the debt does not exceed $1 million, mortgage interest payments on principal residences and second or vacation homes are fully deductible for tax purposes.

Don't waste valuable time while interest rates creep upwards -- all you need is the right real estate agent to guide you!

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Real Estate Trivia
Q 
1992 marked the first year since before the Civil War that there were fewer than 2 million ________ in the United States?

A 
There are fewer than 2 million farms, and agricultural land is still being carved up for residential and commercial uses.
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Betty Cutler Favier, REALTOR®, real estate agent and broker for Telluride and Mountain Village, Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)

Betty Cutler Favier
Peaks Real Estate Sothebys International

136 Country Club Drive
Telluride, CO 81435
Phone 1: 800-737-9621
Phone 2: 970.708.2099
Fax: 970.692.8427
bcf@TellurideRealEstateOnline.com

Betty has 24 years of experience helping people buy and sell their homes. Listening to her clients, ongoing education in industry standards and trends, and a high level of confidentiality and professionalism have built a real estate business of long term relationships and referrals.

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Sotheby’s International Realty© is a registered trademark licensed to Sotheby’s International Realty Affiliates, Inc. Each Office Is Independently Owned And Operated.

  



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