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Real Estate Tips
First Time Buyers >The Real Bottom Line

An important part of buying a house is sitting down with your real estate agent or a mortgage lender to get a clear idea of how much you can afford. They will add up all of your monthly expenses, the mortgage payment, insurance, real estate taxes, homeowners or condo association fees--and the grand total can throw you into shock!

The important thing to remember is that the grand total isn't really the bottom line. When you add your tax savings to the equation, you may be pleasantly surprised. During the early years of your loan, almost all of the mortgage can be deducted from your state and federal income tax. The same is true of your real estate taxes. If you use part of your house as a home office, you may be able to qualify for additional tax savings. In some areas, homes with ground floor apartments are popular for offsetting part of the mortgage and offering even more tax savings.

When you make calculations about the monthly costs that include the tax savings, you may find that owning your own home is less expensive than renting a house or apartment of comparable size.

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Real Estate Trivia
Q 
What famous American monument is also the world's heaviest statue?

A 
The Statue of Liberty, officially named "Liberty Enlightening the World", weighs 54.31 million pounds.
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The Jodi Power Team, REALTOR®, real estate agent and broker for New Orleans, Metairie and Mandeville, Louisiana home listings, property and land for sale - NUMBER1EXPERT(tm)

The Jodi Power Team
Jodi Power : Realtor

Brett Power : Realtor
Voice: 504-261-5247
Fax: 504-281-4622
Keller Williams Realty
4725 Veterans Blvd
Metairie, LA 70006
5044550100
Each office independently: owned and operated.
Licensed in Louisiana
jodipower@NUMBER1EXPERT.com

The Jodi Bruno Power Team Members are Americas Number One Experts in the New Orleans Metropolitan area including Uptown, Lakeview, Metairie, Kenner, North Shore, Slidell and Covington. We are all experts in relocating too. Jodi and Brett Power have the experience you need to invest in or sell real estate. Jodi has been a consistent top sales producer in all of her work experience. We offer professional expertise in all areas of Real Estate. Please access “Meet our team” to see all of our licenses and qualifications. We are aggressive in our approach to get the job done for you. Our service and knowledge are second to none. Our goals are simple….. They are yours. We guarantee a quick response. Call us today. 504-261-5247

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