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Reprinted from REALTOR®
Magazine
www.realtor.org by permission of the NATIONAL ASSOCIATION
OF REALTORS®. Copyright 2003. All rights
reserved.
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All agents are NOT alike! Find out why I am a top real estate expert. Call me today 509-737-3092.
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Buyers Want Your Home for as Little as Possible.
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
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"Laura gives it 200% and cares more about her clients and their needs than the money she earns..."
Ed Harrod, Sales Manager
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at one time. Download TripleCalc now. It's free. |
Laura Harris-Hodges is one of The Top Selling Real Estate Experts™
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Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You!
 It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request my free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. The Status Report that you'll receive by email will also include other important information that has been left out or that is available to me through my professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more. When you click on any link above, you'll see your chosen site, along with a form at the bottom of your screen. Use this form to request my quick Status Report on any homes or other real estate that interests you. It's free and without obligation. Remember: As a top Tri-Cities, Richland, Kennewick and Pasco area Realtor, it's my job to know more about a property than any web site. Make sure you have the most current information!
First Time Buyers >Your Investment
Shelter is a very basic human need which most people accommodate by renting or buying a house or apartment. Rental property is often less-than-perfect. Tenants usually experience a rent increase every year or so and feel somewhat at the mercy of the owner. They don't necessarily feel a strong commitment to the property or the community.
Making a decision to buy a house is a major commitment, and the decision has both economic and emotional implications. Instead of paying the landlord's mortgage every month, homeowners pay their own mortgage and build up equity in their investment. When they paint, plant flowers or make improvements, their family reaps the benefits of a more beautiful environment. Homeowners are much more selective than renters about finding the perfect home, and their sense of personal satisfaction heightens the pride of ownership.
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| Q |
What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?
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| A |
One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million. |
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